(Use of federal bankruptcy exemptions in 11 U.S.C. 522(d) not permitted in Arizona. See A.R.S. § 33‐1133.) Pursuant to A.R.S. § 33‐1121.01‐ each spouse/ person has separate exemption. Therefore, $4000 in household furnishings is doubled for two adults in the house. The dollar amounts listed below are the resale, not retail, value of the asset. The exception to this rule is that the homestead exemption is capped at $150,000 per home (as of 08/25/2004) (A.R.S. § 33‐ 1104). In order to qualify for a homestead the residence must be your primary residence. Items not on this list are not protected from your creditors. Nor are items on this list protected from creditors that you have granted a lien interest to - Deed of Trust on the home OR security interest in personal property (charging your refrigerator at Sears using a Sears card, or using items as collateral for personal loans.)
| TYPE OF PROPERTY | AMOUNT OF EXEMPTION |
| Homestead, consisting of debtors equity in real Property used as residence. 1 apartment of Horizontal property regime, or mobile home and land upon which located. | $150,000 (as of 8/25/2004)‐ as against nonconsensual liens. Total exemption of $150,000 for both spouses. Applies to identifiable cash proceeds of homestead sale for 18 months after sale. |
| Kitchen: table/ 4 chairs; dining table/ 4 chairs (plus 1 for each dependant over 4), Living Room: couch, chair, plus 1 chair per dependant, 3 coffee/ end tables, 3 lamps, rug; Bedroom: 2 beds, plus 1 per dependant, bed table, dresser, lamp, bedding For each; Other: pictures, Oil paintings and drawings made by Debtor, family portraits, TV, radio, Stove, refrigerator, washer, dryer and vacuum | $4,000 aggregate value |
| Food, fuel and provisions for 6 months used by Debtor & family | 100% |
| Wearing apparel | $500.00 |
| Musical instruments of Debtor and family | $250.00 |
| Domestic pets, horses, milk cows and poultry | $500.00 |
| Engagement and Wedding rings | Engagement and Wedding rings |
| Library | $250.00 |
| Typewriter, bicycle, sewing machine, family Bible, burial lot, rifle, shotgun or pistol | $200.00 aggregate value |
| Watch | $100.00 |
| Motor Vehicle (must be in your name) | $5,000.00 ($10,000.00 if maimed or crippled) |
| Wheel Chair and prescribed health aids | 100% |
| Interest in retirement plan qualified under Internal Revenue Code §§ 401(a), 403(a)(b), 408, 408(a), 409, 457 (deferred comp) | 100% (except contributions within 120 days 408, 408(a), 409, 457 (deferred comp) before filing petition) |
| Annuities of Life Insurance Proceeds | 100% exempt‐ warning‐ new law‐ could change |
| Prepaid rent and security deposits for Debtor's residence | Lesser of $1,000 or 1 ½ month's rent |
| Life Insurance proceeds paid or payable to surviving spouse of child | $20,000 |
| Earning of a minor child | 100% |
| Health, accident or disability insurance | 100% (certain debts excepted) |
| Insurance proceeds for damage of destruction of exempt property | 100% for damage or destroyed property |
| Cash surrender value of life insurance policies owned by the debtor (owned for at least two unexpired, continuous years) | $25,000 (beneficiary must be a dependant) |
| Damages for wrongful levy or execution | 100% |
| One single bank account | $150.00 |
| Necessary tools, equipment, instruments and books used in business or profession | $2,500 (does not include personal motor vehicle) |
| Machinery, utensils, fee grain seed and animals of farmer | $2,500 (primary income from farming) |
| Arms, uniforms/ accoutrements required by law | 100% |
| Net disposable earnings (less deductions required by law) includes pension and retirement payment | 75% or 30 X the federal minimum hourly wage, per week, whichever is greater. Does not apply to child support obligations. |
| Unemployed compensation benefits | 100% |
| Workman's compensation benefits | 100% |
| Welfare assistance | 100% |
| Child Support or Maintenance | 100% |
| Fireman's relief and pension benefits | 100% |
| Police pension benefits | 100% |
| Teachers retirement benefits | 100% |
| State employees retirement benefits | 100% |
| Fraternal Benefit Society benefits | 100% |
| School Equipment used to teach | 100% |
| Firefighting equipment | 100% |
| Property that belongs to the public | 100% |
| Specific Partnership Property | 100% |
| Social Security | 100% |
