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    Mesa Bankruptcy Law Office 
    My AZ Lawyers
    1731 W. Baseline Rd.
    Suite #101
    Mesa, AZ 85202
    (480) 263-1699

    Phoenix Bankruptcy Law Office
    668 North 44th Street, Suite #300
    Phoenix, AZ 85008
    (480) 833-8000

    Glendale Bankruptcy Law Office 
    My AZ Lawyers
    20325 N. 51st Ave.
    Suite #134
    Glendale, AZ 85308
    (623) 640-4945

    Tucson Bankruptcy Law Office 
    My AZ Lawyers
    2 East Congress St. Ste. 900 
    Tucson, AZ 85701 
    (520) 306-8729

  • Q: Can I Keep my Property if I file for Bankruptcy?

    Answer: Usually you can keep your property if you choose to file for Chapter 7 or Chapter 13 bankruptcy. Certain property is called “exempt” (that means protected) assets. You are allowed to keep those items that are exempt when filing for bankruptcy protection. The concept behind exempt items is that you will need certain basic items in order to make a successful fresh start after declaring bankruptcy.  Contact a Mesa, Tucson, Tempe, Glendale, or Phoenix, Arizona bankruptcy lawyer today to get clarification what property you are able to keep when you file for bankruptcy.

    Sometimes, if you have an item that is not able to be protected or “not exempt” when filing for bankruptcy in Arizona, legal pre-bankruptcy planning may be necessary to convert the value of the item into a form that is able to be protected. One of our competent bankruptcy lawyers at the My AZ Lawyers, PLLC will be able to explain this to you if needed depending on your unique circumstances.

    Most people that we meet with during their FREE initial consultation have a home, a car, household items, and retirement accounts, all of which are usually exempt when filing for Chapter 7, Chapter 11, and Chapter 13 bankruptcy protection in Phoenix, Tucson, Flagstaff, Chandler, and Maricopa, Arizona. Remember, you are allowed to keep your exempt assets when filing for bankruptcy in Arizona.

    Very few people that we meet during their free initial bankruptcy consultation have any non-exempt property. It doesn’t happen very often that we meet someone who has non-exempt assets. Therefore, the vast majority of people we meet will be able to retain thier assets and all of their property. Your experienced Arizona Bankruptcy Lawyer will help you determine exempt and non-exempt property and how to keep your assets.

    Schedule you free consultation today by calling (480) 833-8000 (Phoenix Bankruptcy Attorneys) or (520) 306-8729 (Tucson Bankruptcy Lawyers) or filling out our online form.

    My AZ Lawyers


    Arizona Bankruptcy Attorney, Lawyers For Bankruptcy In Glendale, Bankruptcy Attorney Mesa AZ, Lawyer For Filing Bankruptcy In Tuscon
    1731 West Baseline Road #101
    Mesa, AZ 85202
    5 stars - based on 14 reviews
    480-833-8000
    Phoenix@Bankruptcy-AZ.com

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