While bankruptcy is federal law, many aspects, like exemptions involve state law, and —in the case of the means test — each county in Arizona is assigned its own housing expense standards.
We're here to help you navigate these layers of federal, state, and local rules that come into play when you file bankruptcy in Arizona.
LegalConsumer.com's "Bankruptcy By Zip Code" website has provided free, local bankruptcy information to more than 10 million consumers since 2006! Let us help you learn how bankruptcy works in Arizona.
How to File
- Chapter 7: How does Chapter 7 bankruptcy work in Arizona?
- Chapter 13: How does Chapter 13 bankruptcy work in Arizona?
Means Test
- Free Means Test Calculator: Are you eligible for Chapter 7? This calculator will help you find out. Online since 2006. Updated with April 2024 income & expense standards.
- Local Standards: Arizona and Maricopa County: Every state and county differs.
- Arizona Median Income: Each state has its own Median Income standard.
- Expense Standards For Your County: Housing expense standards are by county and vary widely in Arizona. Be sure you have selected the correct county to get an accurate result in the Bankruptcy Means Test.
- Line by Line Help: Just the bits you need when needed.
Bankruptcy Court
- Which court do I use? Bankruptcy is a federal law, so you use a "Federal District Bankruptcy Court," which differs from the Federal District Court. They're two different things.
- Where do I file for bankruptcy?
- Can I file Electronically? A few courts are now allowing debtors to file electronically. Also, services like Upsolve.org can help.
- Court Info For Non-Attorneys: Every court offers guidance for debtors who don't have an attorney. Some courts more than others.
- Who is the Trustee? Learn about the court person you'll deal with if you file. It won't be the judge.
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Forms & Instructions
- Downloads: Where can I download free bankruptcy forms for my court?
- Which Forms? You don't need them all. We'll tell you which ones you need.
Arizona Bankruptcy Exemptions
- Schedule C: The form where you claim your property as exempt.
- Federal Bankruptcy (§522) Exemptions: 19 states allow you to use the Federal Bankruptcy Exemptions listed in 11 USC § 522. The remaining states have "opted out" and only allow you to use the state law exemptions.
- Can use the Federal Bankruptcy (§522) exemptions in Arizona?
No. Federal Exemptions not available. Ariz. Rev. Stat. Ann. § 33-1133.
- Can use the Federal Bankruptcy (§522) exemptions in Arizona?
- Arizona Exemptions
- Real Estate
- Your Home (Arizona Homestead Exemption):
$400,000 for real property, an apartment, or mobile home you occupy to; sale proceeds exempt 18 months after sale or until new home purchased, whichever occurs first (husband & wife may not double)
- Your Home (Arizona Homestead Exemption):
- Personal Property:
- Car/Truck/Van: Most states explicitly exempt motor vehicles. In some states, it's pretty generous.
Up to $6,000 ($12,000, if debtor is physically disabled)
- Tools of Your Trade: From delivery vans to shop tools, most states allow you to exempt tools you use for your work, up to a certain amount.
- Wildcard
None
- Car/Truck/Van: Most states explicitly exempt motor vehicles. In some states, it's pretty generous.
- Financial Accounts & Cash
- Retirement Accounts & Pensions: You can protect over $1M in retirement accounts if you file for bankruptcy.
- Public Benefits: States differ as to what benefits you can
- Bank Accounts:
Types of Debt
- Secured Debts: Bankruptcy doesn't get rid of secured debts, but in some cases, it can greatly reduce them. When you file, you'll be asked what you plan to do about your secured debts. Your options are: -
- Surrender: Give back the property and wipe out any remaining deficiency balance in bankruptcy.
- Redeem: - Come up with the cash to buy the property outright at its current value..
- Reaffirm: - Keep the arrangement you have, and leave this debt unaffected by your bankruptcy.
- Common Types of Secured Debts:
- Mortgages
- Car Loans
- Judgement Liens:
- How do you "void" them on exempt property?
- Unsecured Debts: Most unsecured debts, like credit cards and medical debts, can be discharged in bankruptcy.
- Credit Card Debt
- Medical Debt
- Personal Loans
- Payday loans
- Unsecured Debts that require extra steps:
- Student Loans: Extra steps required to get rid of it
- Undue Hardship: What do you have to prove to get a discharge?
- Adversary Proceeding: Like a mini-trial within your bankruptcy case.
- Student Loans: Extra steps required to get rid of it
Lawyers Near Me
- How can I find a good local bankruptcy lawyer near me?
- What should I expect from a bankruptcy attorney?
- Legal Aid in Arizona:
Note: This website is updated as time permits. It is up to you to contact your local court and confirm and update any information you need. Information is not advice. See a bankruptcy lawyer for advice about how the law relates to your situation.