Your initial question makes no sense as you have not put it in any context. Are you talking about receiving the funds within the six months prior to filing as it relates to "qualifying" for a Chapter 7? Or, are you talking about having the funds sitting either in your bank account or some other location on the day you file?
As Mr. K pointed out, it is not "income" since there is a corresponding requirement to repay the loan. Therefore, receipt of the funds during the 6 months prior to filing are not included for “means testing” purposes. As he also points out, if the funds are in your possession when you file they are nothing more than $$ in the bank and will be taken by the Trustee. As it relates to this 2nd point since there is no allowed exemption in Arizona (assuming you have been living in the State for 2 years and, are therefore using Arizona exemptions) there is no way around the issue if you file a Chapter 7 regardless of your personal situation.
If the funds are received after you file your Chapter 7 no one cares.
Des.

