What Creditors Can't Take in Arizona
Money, home and vehicle exemptions that protect your property from creditors in Arizona.
Short answer: $5,000 held in a single account at any one financial institution is exempt, adjusted every January 1 for inflation beginning in 2024. The exempt amount is still subject to the bank's normal service charges. A.R.S. § 33-1126(A)(9)
| Money protected in a bank account | $5,000 held in a single account at any one financial institution is exempt, adjusted every January 1 for inflation beginning in 2024. The exempt amount is still subject to the bank's normal service charges. The current inflation-adjusted figure was not found on an official source; $5,000 is the statutory base. Re-verified 2026-10-27. Source: A.R.S. § 33-1126(A)(9) |
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| Homestead exemption | Up to $400,000 of equity in a home the debtor lives in (house, condominium or cooperative, or a mobile or manufactured home and the land under it). Only one homestead per person or married couple. The amount is adjusted every January 1 for inflation, beginning in 2024. The exemption also protects identifiable cash proceeds from the sale of the home for up to 18 months. The current inflation-adjusted dollar figure was not found on an official source; $400,000 is the statutory base set by Proposition 209 (2022). Re-verified 2026-10-27. Source: A.R.S. § 33-1101(A)-(D) |
| Vehicle exemption | Equity in one motor vehicle up to $15,000, or $25,000 if the debtor or a dependent has a physical disability. The amounts are adjusted every January 1 for inflation, beginning in 2024. The current inflation-adjusted figures were not found on an official source. Re-verified 2026-10-27. Source: A.R.S. § 33-1125(8) |
| Bankruptcy exemptions | Arizona has opted out of the federal exemptions. Arizona residents must use Arizona's exemptions in bankruptcy. Re-verified 2026-10-27. Source: A.R.S. § 33-1133(B) |
Where to get help in Arizona
- Arizona Attorney General, Consumer Protection (collection agency licensing: Arizona Department of Insurance and Financial Institutions)
- File a complaint or claim
More Arizona debt & collections
- Statute of Limitations on Debt in Arizona
- Wage Garnishment in Arizona
- How to Respond to a Debt Collection Lawsuit in Arizona
- Medical Debt Protections in Arizona
- All Arizona debt & collections rules
FAQ
How much money in a bank account is protected from creditors in Arizona?
$5,000 held in a single account at any one financial institution is exempt, adjusted every January 1 for inflation beginning in 2024. The exempt amount is still subject to the bank's normal service charges.
What is the homestead exemption in Arizona?
Up to $400,000 of equity in a home the debtor lives in (house, condominium or cooperative, or a mobile or manufactured home and the land under it). Only one homestead per person or married couple. The amount is adjusted every January 1 for inflation, beginning in 2024. The exemption also protects identifiable cash proceeds from the sale of the home for up to 18 months.
Can a creditor take my car in Arizona?
Equity in one motor vehicle up to $15,000, or $25,000 if the debtor or a dependent has a physical disability. The amounts are adjusted every January 1 for inflation, beginning in 2024.
Which bankruptcy exemptions can I use in Arizona?
Arizona has opted out of the federal exemptions. Arizona residents must use Arizona's exemptions in bankruptcy.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.