Legal Question in Bankruptcy in Arizona

Assets and Exempt Assets

Anything you have has value. Example: clothing, kitchen utensils, furniture, appliances, sporting goods, vehicles, your home, etc. Intellectual property is also an asset, example: copyrights, trademarks, or patents. I don't know what you mean by excluded, but you are allowed to keep your exempt assets in a Chapter 7. I don't know which exemption scheme (federal or state) that applies in your state. I suggest that you get your questions answered by a competent bankruptcy attorney in your area. Good Luck.

If we have not met face to face and agreed to my representation of you in a written agreement signed by both you and I, then I am not your lawyer. Any comments made here are not legal advice but presented in the spirit of this bulletin board as general information only.