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Can you define exempt versus non exempt personal property in regards to judgments?

Tucson, AZ |

Currently I am unemployed but I am a homeowner. I own 2 older vehicles, a 1996 auto and a 1995 van for odd jobs. Will I be asked to sell my limited assets to settle on a credit card judgment?

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Attorney answers 1

Posted

If my memory serves it is $150,000 for homestead in primary residence; $5,000 for a single car (double if married). You should not rely on this as a legal opinion, but it will give you a ballpark idea.