When filing bankruptcy in Arizona, how much is allowed to be in my checking account?

Danny asked:


I for some reason heard that you can only have a certain amount in your checking account when you file bankruptcy? Is this true?

Also, should I have my work paychecks come directly to my house instead of direct deposit so the money doesn’t show in the account?

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2 Responses to “When filing bankruptcy in Arizona, how much is allowed to be in my checking account?”

  1. bull_rooster_aardvark Says:

    Maybe this is a real dumb question but why not just give yourself a bonus and write yourself a check for what is in the account, then file. This is a bit shady, but should be legal (assuming this is a sole proprietorship or at least a company where you own all the stock).

  2. Wendy King Says:

    I would visit They have a lot of good legal advice on bankruptcy related questions.

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