§ 44-1031 Effect of assignment for the benefit of creditors; acknowledgment and recording; invalidity of assignments not made in accordance with this article
§ 44-1032 Assignment for the benefit of consenting creditors; effect; execution of release by creditors
§ 44-1033 Filing of assignment; accompanying inventory of property and indebtedness required; docketing of assignment by clerk
§ 44-1034 Recording of deed of assignment by assignee; bond of assignee; recording; actions upon bond; duty of assignee to execute assignment
§ 44-1035 Notice of appointment of assignee; publication
§ 44-1036 Powers of court with respect to assignee; removal of assignee; appointment of assignee to fill vacancy
§ 44-1037 Notice by creditors of consent to assignment; receipt by creditor of portion of claim as consent
§ 44-1038 Filing of statement of claim by creditors
§ 44-1039 Statement of claim by creditor as justification for payment by assignee; action to dispute claim; duty of assignee to permit creditor to inspect claims filed by other creditors
§ 44-1040 Discount of claims allowed but not due; amount payable on claim secured by collateral in possession of creditor
§ 44-1041 Right of assignee to property fraudulently conveyed by assignor; action by assignee or creditor to recover property fraudulently conveyed; non-recovery from bona fide purchaser
§ 44-1042 Failure of assignor to supply inventory as prima facie evidence of concealment of property by assignor; examination of assignor by court upon application of assignee or creditor
§ 44-1043 Attempted preference of creditor void
§ 44-1044 Garnishment of assignee by nonconsenting creditor
§ 44-1045 Distribution to creditors; compensation and expenses allowed assignee
§ 44-1046 Final report by assignee; hearing; discharge of assignee; disposition of funds in estate at final settlement
§ 44-1047 Fraudulent transactions by assignor; classification
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Terms Used In Arizona Laws > Title 44 > Chapter 8 > Article 3 - Assignments for the Benefit of Creditors

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Docket: A log containing brief entries of court proceedings.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Month: means a calendar month unless otherwise expressed. See Arizona Laws 1-215
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Person: means an individual, corporation, partnership, association, joint stock company or trust, limited liability company, government or governmental subdivision or agency or any other unincorporated organization. See Arizona Laws 44-1801
  • Probate: Proving a will
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Writing: includes printing. See Arizona Laws 1-215