Arizona State Bankruptcy Exemptions
Laws That Keep Your Creditors' Hands Off Your Property
Exemptions are laws passed by every state that allow you to protect certain
types of your property from your creditors when you file bankruptcy-such as
your home, car, pensions and IRAs, motor vehicles, clothing, tools, and other
important property. Arizona law provides a number of exemptions that protect
your property, and your attorney will be able to advise you on which exemptions
are best for you.
Homestead
Up to $150,000 in the equity of your home (which includes a mobile home)
can be protected.
Wages
75 percent of your weekly, disposable earnings are exempt.
Automobiles
One motor vehicle up to $5,000 in value, $10,000 if the debtor is
physically disabled.
Other Property
Up to $4,000 in the value of household furniture, furnishings and
appliances. Up to $500 for clothing.
Note: Exemptions may have changed since our last update.
» Read the complete Arizona bankruptcy
exemptions here
» Back to Bankruptcy Laws In Your State