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Arizona Debtors Examination

Arizona Debtors Examination

Name: Arizona Debtors Examination
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.57 (406 reviews)

Category:

Arizona Local County - Globe Regional Justice Court - Forms and Filing Fees

State:

Arizona

Control #:

AZ-FF-40

Format:

Instant download

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Description

Debtors Examination An Arizona Debtors Examination is a legal process used in Arizona to determine the financial condition of a debtor. It is used to gather information about the debtor’s debts, income, assets, and other financial information that may be relevant to a case. There are two main types of Arizona Debtors Examination: an oral examination and a written examination. An oral examination requires the debtor to answer questions in person, while a written examination requires the debtor to answer questions in writing. In both cases, the examiner will ask questions about the debtor’s income, assets, debts, and other financial information. The purpose of the examination is to help the court, creditor, or other third party determine the debtor’s financial status and ability to pay debts.

An Arizona Debtors Examination is a legal process used in Arizona to determine the financial condition of a debtor. It is used to gather information about the debtor’s debts, income, assets, and other financial information that may be relevant to a case. There are two main types of Arizona Debtors Examination: an oral examination and a written examination. An oral examination requires the debtor to answer questions in person, while a written examination requires the debtor to answer questions in writing. In both cases, the examiner will ask questions about the debtor’s income, assets, debts, and other financial information. The purpose of the examination is to help the court, creditor, or other third party determine the debtor’s financial status and ability to pay debts.

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FAQ

The purpose of a Judgment Debtor's Examination is to obtain information about assets and other information relevant to the judgment debtor that may aid you in collecting the judgment. You may file a Petition in Support of Supplemental Proceedings with the court clerk.

Your questions at the examination might relate to such things as where the debtor works, where he banks, what types of property he owns, where that property is located, and the like.

A judgment debtor examination is a court proceeding created by law where the party who has obtained a judgment in court is entitled to ask questions of the person who owes that judgment. What do the questions cover? The questions are limited to inquiries about your property, assets, debts, and income.

All judgments must be in writing, and the court must mail copies to all parties. The judgment must clearly state the determination of the rights of the parties. The judgment is due and payable immediately after the judgment is rendered by the justice of the peace or a hearing officer in small claims court.

Collecting on Judgment Arizona law permits a judgment creditor to garnish 25 percent of your net paycheck; the remaining 75 percent is exempt and yours to keep. You may request a hearing before the judge to ask for a reduction of the percentage from 25 percent to 15 percent.

Expiration of Arizona Judgments. In Arizona, a judgment is initially effective for ten years after the date of its entry, and execution must be accomplished within that period. A.R.S. § 12-1551(B).

The main ways to legally avoid appearing at a debtor examination are to pay off the debt or reach a settlement with the creditor that provides a way for paying back the debt. You also may be able to avoid the examination by filing for bankruptcy, which will trigger an automatic stay of collection efforts.

More info

A debtor examination allows a creditor to ask a debtor questions about their finances to help collect on a debt. A "debtor's exam" is a court order in which a creditor can ask you any questions about your finances in a judicial setting.The purpose of the examination is for you to collect the information you need to force payment from the judgment debtor. Complete the "Motion and Order For Examination of Judgment Debtor". You answer questions about your income and assets. A court reporter records all your answers. Executive Director of HELPS, Eric Olsen, explains debtor's exams. Examination of Judgment Debtor on the date and time set for the hearing shown below. Fill out the form: SC-134 Order to Produce Statement of Assets and to Appear for Examination. Unfortunately, if you're scheduled for a Debtor's Examination, then it means that you owe a Judgment Creditor money and they're trying to collect.

Arizona Debtors Examination

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What is the Judgement debtor exam in Arizona?

What questions do they ask at debtors exam?

What happens during an examination of the debtor?

What are the rules for Judgements in Arizona?

What is a judgment debtor exam?

What happens when you get a Judgement against you in Arizona?

How long can a creditor collect on a Judgement in Arizona?

How do I avoid a debtors exam?

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