Your Residency Can Affect Your Eligibility
Many people who file for bankruptcy in Arizona are entitled to certain exemptions. However, every case is different. As you try and decide whether or not bankruptcy is right for you, an experienced bankruptcy lawyer can help you determine whether or not you will be eligible for important bankruptcy exemptions.
We can help you through every aspect of the bankruptcy process, including Arizona’s complicated exemption standards. Ben Wright knows how the process works, and he knows how to make it work for you.
Getting the Right Bankruptcy Exemptions
If you have lived in Arizona for two full years before filing for bankruptcy, you will be eligible for all Arizona exemptions.
However, if you have lived in Arizona for less than two years, a complicated analysis is needed to determine which bankruptcy exemptions may be available. To make things more difficult, bankruptcy trustees have recently become aggressive in objecting to exemptions of people who have recently moved to Arizona.
The analysis is complex and is different for every person. In some cases, you will look at the exemption list in the state where they most recently lived, but in other cases you must look at federal exemptions. We will take a look at your case and make sure you get the complete list of exemptions for which you are eligible.
Filing bankruptcy is a big step, but you do not have to make this decision on your own. We will help you protect your property rights and get the exemptions you deserve. Call (602) 648-3274 or contact our Phoenix bankruptcy attorneys today for a free initial consultation.
We are a debt relief agency. We help individuals and businesses file for bankruptcy relief under the Bankruptcy Code.