Thank you for your question. I am happy to assist you.
You appear eligible to file a Chapter 7 bankruptcy in Georgia. However, since you have lived in Georgia as a resident for less than 2 years, you would file using the Florida exemptions.
You typically would be able to keep the Georgia home since there is no equity provided you continue to pay the mortgage. Typically the credit card debt would be discharged in a Chapter 7 bankruptcy.
Florida bankruptcy exemptions are as follows:
1. Homestead. Property cannot exceed ½ acre in municipality or 160 contiguous acres elsewhere - note this is not available to you as you live in Georgia;
2. Annuity contract
or illness benefits;
4. Life insurance cash surrender value;
5. Alimony, child support needed for support
6. Damages to employees for injuries in hazardous occupations
7. Pre-need funeral contract deposits
9. Any personal property to $1,000 (the exemption is increased to $4,000 for those debtors not claiming or benefiting from a homestead exemption. )
10. Health aids
11. Motor vehicle to $1000
12. Most Public benefits
13. $500 in wages
per week either unpaid or paid and deposited into bank account for up to 6 months
I hope that the information which I provided was helpful to you.
Best wishes for a successful outcome. If you have additional questions, please do not hesitate to submit them to me directly.
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THIS IS FOR INFORMATION ONLY. NO ATTORNEY-CLIENT RELATIONSHIP EXISTS. PLEASE CONSULT A LAWYER IN YOUR STATE FOR LEGAL ADVICE