What assets can I protect in a bankruptcy?

If you have lived in Arizona at least two years and are filing an Arizona bankruptcy, the property you can keep is determined by Arizona exemptions which allow you to have a house in Arizona with up to $150,000 of equity and a vehicle with up to $5,000 of equity.  The vehicle exemption doubles if you are married or disabled.  You are also allowed to protect households goods such as furniture and appliances worth up to $4,000, if you are single, and $8,000 if you are married, and retirement accounts (almost unlimited,) as well as a list of other assets we will go over with you.  At your consultation with Meyer Law, we will determine whether you are eligible for Chapter 7, analyze your assets, and advise you on how to protect them.

Be advised that if you have not lived in Arizona for two continuous years, the exemptions that will apply to your case are determined by the exemptions of the state where you lived the majority of the period between two and two-and-a-half years ago.  Rest assured, we are familiar with the exemptions of all 50 states.