WiseBizz - Your online resource for success in both home and office business matters...

Your Number 1 Stop For Business Resources

Idea - Execution - Results

Arizona Bankruptcy - Courts, Attorneys & Lawyers in Arizona

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:

Ticks!


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:

Phoenix

Fennemore Craig
3003 North Central Ave.
Suite 2600
Phoenix, AZ 85012-2913
(602) 916-5000

Jaburg & Wilk, P.C.
3200 N. Central Avenue
Suite 2000
Phoenix, AZ 85012
(602) 248-1000

Scottsdale

Jon S. Musial, Attorney at Law
8230 East Gray Rd.
Scottsdale, AZ 85260
(480) 951-0669

Tucson

Gust Rosenfeld, P.L.C.
One South Church Ave.
Suite 1900
Tucson, AZ 85701
(520) 628-7070