Do Arizona bankruptcy exemption amounts change every year?

Yes. Since Proposition 209 took effect, Arizona's four major exemption amounts — homestead, household furnishings, motor vehicle, and bank account — adjust every January 1 based on the August-over-August change in the Consumer Price Index, rounded up to the nearest $100.

For 2026 petitions the computed amounts are approximately: homestead $437,600; household furnishings $16,500; motor vehicle $16,500 (or $27,500 if disabled); bank account $5,600. Amounts like the $500 apparel exemption and $2,000 firearms exemption do not adjust.

Arizona does not officially publish the adjusted figures, so trustees and attorneys compute them from the statutory formula. The amount in effect on your petition date is what controls — this is called the snapshot rule.