UPDATED 5/30/2024: Prop. 209 became law on December 5, 2022, but was immediately challenged by the Arizona Creditors Bar Association and several other organizations as unconstitutionally vague and internally inconsistent....more
On November 8th, Arizona voters approved Proposition 209, which significantly modifies the rights of creditors. Although the pre-election publicity focused mostly on medical debt, Prop. 209 changes how all types of debt can...more
12/1/2022
/ Arizona ,
Cost-of-Living Adjustment (COLA) ,
Creditors ,
Debt Collection ,
Insolvency ,
Interest Rates ,
Legislative Agendas ,
Medical Debt ,
New Legislation ,
State and Local Government ,
State Legislatures ,
Wages
A new law in Arizona, HB 2617, makes significant changes to Arizona’s homestead exemption and expands the rights of judgment creditors. The law went into effect on January 1, 2022, but creditors with judgments entered before...more