Georgia Bankruptcy Blog

Tag Archives: Homestead

Homestead Exemption: Double Exemption Available Where Debtor Does Not Have Sole Ownership Of Residence

In In re Antman, 2024 WL 4786241, Ch. 13 Case No. 23-60317-ejc (Bankr. S.D. Ga. Nov. 14, 2024), the debtor’s father died in 1996 and in his will left his house to debtor and her three siblings in equal shares. Debtor and her husband had lived in the house since 1999. Debtor filed a Chapter… Continue Reading

Debtors Cannot Claim Homestead Exemption In Carve-out Funds Recovered By Trustee.

By Scott Riddle Posted in Northern District Cases

In a July 2015 case the Chapter 7 Trustee sold a house that was underwater with three liens, and received a carve-out from the lender that held the second and third liens. The Debtors did not object to the sale, but to the Trustee’s Final Report because it did not allow for payment of their… Continue Reading