Splitting the Arizona Vehicle Exemption

Asked about 3 years ago - Tucson, AZ

I have worked in bankruptcy offices where the vehicle exemption is habitually split. This--" Married debtors may not split this exemption, for example by claiming one vehicle worth $3,000 exempt and another vehicle worth $7,000 exempt"--is new to me. What local/Federal rule does this fall under for reference (as no cite is given)? What citation source clarifies this for future reference?

Thank you,

Attorney answers (2)

  1. Jason Scott Treguboff

    Contributor Level 12

    Answered . ARS 33-1125 governs personal property in bankruptcy.

    Each spouse has a $5,000 exemption that they can apply to the same vehicle or to separate vehicles.

    ARS 33-1125

    http://www.azleg.gov/FormatDocument.asp?inDoc=/...

    Hope this helps.

    Legal disclaimer: This communication is for information purposes only and does not represent legal advice or an... more
  2. Theodore Lyons Araujo

    Pro

    Contributor Level 20

    Answered . Are you applying a wildcard exemption under federal law?

    Disclaimer: This answer does not constitute legal advice. I am admitted in the States of New York, New Jersey and... more

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