In Georgia, for Chapter 7 bankruptcy filings there is a $10,000 homestead exemption carryover for unused homestead exemption. I do not own property so I can not claim the homestead exemption, but it seems as though the carryover still applies and is automatic. Is that so?
(44-13-100(a)(1)... Read more »
answered on Jul 19, 2022
Yes, the carryover $10,000.00 can be used on any property regardless of whether you have real property to use the homestead exemption.
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