Illinois Bankruptcy Exemptions - All Categories

 

A detailed listing of state and federal exemption laws, with statutory citations.

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Illinois Exemptions Summary:

Homestead

Real or personal property including a farm, lot, & buildings, condo, co-op, or mobile home to $15,000 (husband and wife may double); sale proceeds exempt for 1 year

Vehicle Exemption

$2,400

Personal Property

See Wild Card
Bible, family pictures, schoolbooks, & clothing
Health aids
Implements, books, & tools of trade to $1,500

Wild Card

$4,000 of any personal property (does not include wages)


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Jurisdictional relevance: ST

There are versions of this article for each State.