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Arizona Bankruptcy Exemptions

Federal Supplemental Exemptions can be used in conjunction with your Arizona exemptions and can be viewed here.

In Arizona, you may choose to use the Federal Exemption set instead of your state exemptions.

You may also want to visit your local federal bankruptcy court web site:

Also see Arizona bankruptcy forms.

ASSET

EXEMPTION DESCRIPTION

LAW SECTION

HOMESTEAD

 

Real property; an apartment or mobile home you occupy to $100,000; sale proceeds exempt 18 months after sale or until new home purchased, whichever occurs first (husband and wife may not double)

 

33-1101

Must record homestead declaration before attempted sale of home

33-1102

PERSONAL PROPERTY

husband and wife may double all personal property exemptions

2 beds and living room chair per person; 1 dresser, table, lamp, bedding per bed; kitchen table; dining room table and 4 chairs (1 more per person); living room carpet or rug; couch; 3 lamps; 3 coffee or end tables; pictures, paintings, drawings created by debtor; family portraits; refrigerator; stove; TV, radio or stereo; alarm clock; washer; dryer; vacuum cleaner to $4,000 total

 33-1123

 

Bank deposit to $150 in one account

33-1126(A)(8)

 

Bible; bicycle; sewing machine; typewriter; burial plot; rifle, pistol or shotgun to $500 total

33-1125

 

Books to $250; clothing to $500; wedding and engagement rings to $1,000; watch to $100; pets, horses, milk cows and poultry to $500; musical instrument to $250; prostheses, including wheelchair

 

33-1125

 

Food and fuel to last 6 months

33-1124

 

Motor vehicle to $1,500 ($4,000, if disabled)

33-1125(8)

 

Prepaid rent or security deposit to $1,000 or 1-1/2 times your rent, whichever is less, in lieu of homestead

33-1126(D)

 

Proceeds for sold or damaged exempt property

33-1126 (A)(5), (7)

INSURANCE

Fraternal benefit society benefits

20-881

 

Group life insurance policy or proceeds

20-1132

 

Health, accident or disability benefits

33-1126(A)(3)

 

Life insurance cash value to $1,000 per dependent ($25,000 total) (husband and wife may double)

33-1126 \(A)(3)

 

Life insurance cash value to $2,000 per dependent ($10,000 total)

20-1131(D)

 

Life insurance proceeds to $20,000 if beneficiary is spouse or child (husband and wife may double)

33-1126(A)(1)

MISC.

Minor child’s earnings, unless debt is for child

33-1126(A)(2)

 

Property of business partnership

29-225

PENSIONS

see also wages

Board of regents members

15-1628(I)

 

ERISA-qualified benefits deposited more than 120 days before filing bankruptcy

33-1126(B)

 

IRAs

In re Herrscher, 121 B.R. 29 (D. Ariz. 1990)

 

Firefighters

9-968

 

Police officers

9-931

 

Public safety personnel

38-850(C)

 

Rangers

41-955

 

State employees

38-762

PUBLIC BENEFITS Unemployment compensation 23-783
  Welfare benefits 46-208
  Workers’ compensation 23-1068
TOOLS OF TRADE Arms, uniforms and accouterments you are required to keep 33-1130(3)
  Farm machinery, utensils, seed, instrument of husbandry, feed, grain and animals to $2,500 total (husband and wife may double) 33-1130(2)
  Teaching aids of teacher 33-1127
  Tools, equipment, instruments and books (except vehicle driven to work) to $2,500 33-1130(1)
WAGES Minimum 75% of earned but unpaid wages, pension payments; bankruptcy judge may authorize more for low-income debtors 33-1131