Arizona State Economy:
Key industries: Tourism, finance, transportation, miningArizona Bankruptcy Court Locations:
Phoenix:
US Bankruptcy Court
230 N. 1st Ave., Suite 101
Phoenix, AZ
Tucson:
James A. Walsh Federal Courthouse
38 South Scott Avenue Ste 100,
Tucson, AZ 85701
Yuma:
John M. Roll U.S. Courthouse
98 West 1st Street, 2nd Floor
Yuma, AZ 85364
Flagstaff:
U.S. Magistrate Courtroom, AWD Building
123 North San Francisco Street
Flagstaff, AZ 86001
Bullhead City:
Mohave County Superior Court
2225 Trane Road, Courtroom R
Bullhead City, AZ 86442

Arizona State Exemptions
ASSET | EXEMPTION DESCRIPTION | LAW SECTION |
HOMESTEAD
| Real property; an apartment or mobile home you occupy to $150,000; 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 |