One thing that many people who are considering filing bankruptcy in Arizona may not realize is that their primary residence is safeguarded up to $100,000 when they file. This means that if you sell your property the money is unable to be taken from you for at least eighteen months after you sell so you have the opportunity to buy another house. The exemption limit is not doubled for real estate when a couple is involved, but it is for personal property. Always check with a lawyer for accurate totals.
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Phoenix, AZ 85016
Phoenix, AZ 85014