Arizona Bankruptcy - Courts, Attorneys & Lawyers in Arizona
Investigating bankruptcy in Arizona
If you are investigating Arizona bankruptcy, be aware that when it comes to federal exemptions, the Arizona District Bankruptcy Court states that: "Arizona is an 'opt-out' state and has taken advantage of a provision in the bankruptcy law that permits each state to adopt its own exemption law, in place of the federal exemptions. Thus, those debtors filing bankruptcy in Arizona are allowed the exemptions as set forth in the Arizona statutes and federal non-bankruptcy statutes."
Arizona bankruptcy state exemptions include:
Homestead - Arizona homestead exemptions protect properties up to $150,000. Husband and wife may not double.
Personal property - Husband and wife may double personal property exemptions. Furniture, appliances and household goods up to $4,000, bank deposit up to $150 in one account, books to $250, clothes to $500, wedding rings to $1,000, motor vehicle to $5,000 ($10,000 for diabled), pets to $500, food and fuel to last 6 months.
Insurance - Health, accident and/or disability benefits, life insurance up to $1,000 cash value per dependent with a $25,000 total, life insurance up to $2,000 cash value per dependent with a $10,000 total, life insurance proceeds to $20,000 if recipient is a child or spouse
Miscellaneous - Minor children's earnings, property of business partnership
Pension - Board of Regents members, IRAs, firefighters, police officers, public safety personnel, rangers, state employees
Public benefits - Unemployment compensation, welfare benefits, workers' compensation
Tools of trade - All required arms and uniforms, farm equipment, including animals, to $2,500, all teachers' teaching aids, tools, equipment and books to $2,500
Wages - At least 75 percent of unpaid wages, pension payments
There are three Arizona District Bankruptcy Courts:
- Phoenix Division
230 N. First Ave, Suite 101
Phoenix, AZ 85003
Phone: 602-682-4000 or 800-556-9230
- Tuscon Division
38 South Scott Avenue
Tucson, AZ 85701
Phone: 520-202-7500 or 800-556-9224
- Yuma Division
325 W. 19th Street, Suite D
Yuma, AZ 85364
Phone: 928-783-2288 or 800-556-9227
To find a certified bankruptcy lawyer in your area check this directory or the try following law firms:
3003 North Central Ave.
Phoenix, AZ 85012-2913
Jaburg & Wilk, P.C.
3200 N. Central Avenue
Phoenix, AZ 85012
Jon S. Musial, Attorney at Law
8230 East Gray Rd.
Scottsdale, AZ 85260
Gust Rosenfeld, P.L.C.
One South Church Ave.
Tucson, AZ 85701