By Howard Fischer | Capitol Media Services via PinalCenral
State senators voted Thursday to allow people seeking court approval to shed their debts to keep up to $2,000 worth of firearms.
HB 2211 would scrap existing Arizona law, which permits those seeking bankruptcy protection from creditors to keep a single shotgun, rifle or pistol. More to the point the total value of that weapon can be no more than $1,000.
And that $1,000 cap applies to a whole host of items in that category, including computers, typewriters, bicycles, sewing machines, family Bibles and burial plots. So if someone has a $400 computer and a $50 bicycle, he or she can keep a single gun worth up to $550.
The measure was given preliminary approval would, for the first time ever, put guns into their own separate category. And there would be no limit on the number of weapons someone could shield from being sold off to creditors as long as the total value does not exceed $2,000.
