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.