Bankruptcy

questions & answers

Question: What is the homestead exemption and how it protect home owners?

Answer:

The Arizona Homestead Exemptions can be found under Title 33 Chapter 8 Article 1 of the Arizona Revised Statutes .  A.R.S. § 33-1101 through A.R.S. § 33-1105 govern the Homesteads and Homestead Exemption. 

In general a homestead, is a place where a person lives.  A homestead excemption refers to the property that can be kept when a person files for bankruptcy.

QUESTIONS

  • What is the homestead exemption and how it protect home owners?

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