by Arizona Bankruptcy LawyerAlison C. Briggs

In the realm of bankruptcy law, navigating the various rules and regulations can be daunting. Among these rules, the 180-day rule holds significant importance, particularly for those considering bankruptcy in Arizona. Whether you’re facing financial challenges or simply seeking to expand your knowledge of bankruptcy proceedings, understanding the intricacies of this rule is crucial. In this comprehensive guide, we’ll delve into the nuances of the 180-day rule, its implications, and how seeking assistance from an experienced bankruptcy attorney, such as those at Chapter Bankruptcy Lawyers in Tempe and Mesa, Arizona, can be instrumental in your journey towards financial stability.

Arizona bankruptcy a lawyer at his desk

What is the 180-Day Rule?

The 180-day rule, also known as the preference period or preference statute, is a provision within bankruptcy law designed to prevent preferential treatment of certain creditors over others. Essentially, it aims to ensure fairness and equity among creditors by scrutinizing any payments or transfers made by the debtor leading up to the bankruptcy filing.

Under this rule, any payments made to creditors or transfers of assets within the 180 days preceding the bankruptcy filing may be subject to scrutiny and potential recovery by the bankruptcy trustee. The rationale behind this is to prevent debtors from favoring certain creditors over others shortly before declaring bankruptcy, thereby ensuring that all creditors receive a fair share of the debtor’s assets.  Contact an experienced Chandler bankruptcy attorney today.

Implications of the 180-Day Rule in Arizona

In Arizona, as in most jurisdictions, the 180-day rule applies uniformly to bankruptcy cases. Whether you’re filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy, any payments or transfers made within the designated timeframe may come under scrutiny.

It’s important to note that while the 180-day rule serves to promote fairness among creditors, not all payments or transfers made within this period are automatically deemed preferential. Certain transactions may be exempt or fall within permissible exceptions under bankruptcy law. Consulting with a knowledgeable bankruptcy attorney is essential to determine the implications of the 180-day rule in your specific case.

Seeking Guidance from Chapter Bankruptcy Lawyers, PLLC

Navigating the complexities of bankruptcy law, including the 180-day rule, can be challenging without proper guidance. This is where the expertise of a seasoned bankruptcy attorney becomes invaluable.

At Chapter Bankruptcy Lawyers, PLLC, serving clients in Tempe and Mesa, Arizona, our affordable team of experienced BK attorneys specializes in guiding individuals and businesses through the bankruptcy process. With a deep understanding of Arizona’s bankruptcy laws, including the implications of the 180-day rule, we provide comprehensive legal counsel tailored to each client’s unique circumstances.

Our Arizona Bankruptcy Services Include

  • Free Case Evaluation: We conduct a thorough assessment of your financial situation to determine the most appropriate course of action, taking into account the implications of the 180-day rule and other relevant factors.
  • Pre-Bankruptcy Planning: Our attorneys work closely with you to develop a strategic plan tailored to your specific goals and objectives, ensuring compliance with applicable bankruptcy laws, including the 180-day rule.
  • Representation: Throughout the bankruptcy process, we provide diligent representation, advocating for your rights and interests while navigating the complexities of the 180-day rule and other pertinent regulations.
  • Asset Protection: We assist in safeguarding your assets to the extent permitted by law, advising on strategies to minimize exposure to potential clawback actions under the 180-day rule.
  • Creditor Negotiations: Our team negotiates with creditors on your behalf, seeking favorable resolutions and mitigating potential challenges arising from the 180-day rule and other bankruptcy provisions.

Contact our Phoenix Bankruptcy Attorney Today!

In summary, the 180-day rule plays a critical role in bankruptcy proceedings, particularly in Arizona. Understanding its implications and seeking guidance from a reputable bankruptcy attorney are essential steps in navigating the complexities of bankruptcy law effectively.

If you’re considering declaring bankruptcy in Phoenix or facing financial difficulties in Arizona, don’t navigate the process alone. Contact Chapter Bankruptcy Lawyers, PLLC in Tempe and Mesa for expert legal guidance tailored to your needs. Let us help you navigate the intricacies of bankruptcy law and work towards a brighter financial future. Our Tempe Bankruptcy Team and Glendale Bankruptcy Attorneys offer free consultations, contact us through our online form or call us at 480-405-1010.


Contact Chapter Bankruptcy Lawyers In Arizona


Mesa Office
3707 E Southern Ave
Mesa, AZ 85206

Phone: 480-405-1010
Email: [email protected]

Tempe Office
4500 S Lakeshore Dr #300
Tempe, AZ 85282

Phone: 480-562-6145
Email: [email protected]