Illinois Bankruptcy Lawyers
Below is a list of some of the available Illinois bankruptcy exemptions. This list only identifies a small fraction of the exemptions available in Illinois and there are many exemptions (such as retirement accounts, life insurance, and trade tools) that are not listed and may be beneficial to you. Talk to a qualified Illinois bankruptcy attorney in your area to have all the available exemptions explained to you. Only an Illinois bankruptcy attorney can properly list and explain all of the applicable exemptions offered in Illinois.
Illinois Bankruptcy Exemptions
Homestead |
$7,500 |
Proceeds of sale of homestead |
$7,500 |
Wearing apparel, bible, school books, & family pictures |
$2,000 |
Personal injury awards |
$7,500 |
Motor Vehicle |
$1,200 |
Tools of Trade |
$750.00 |
For more information about Illinois Bankruptcy
please visit our Illinois Bankruptcy Resources Website.
There is a bankruptcy attorney in your area waiting to contact you!
We have bankruptcy lawyers in all fifty states. If you have any questions please call 800-887-8394.
We have bankruptcy lawyers in all fifty states. If you have any questions please call 800-887-8394.