Splitting the Arizona Vehicle Exemption

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,

Tucson, AZ -

Attorney Answers (2)

Jason Scott Treguboff

Jason Scott Treguboff

Bankruptcy Attorney - Phoenix, AZ
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
Theodore Lyons Araujo

Theodore Lyons Araujo

Bankruptcy Attorney - Syracuse, NY
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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