Tools of Trade Exemptions — State System
Illinois Law Tools of Trade Exemptions
Federal non-bankrupcty Tools of Trade Exemptions
Tools of Trade Exemptions — Federal System § 522(d)
Can Illinois debtors use the Federal Bankruptcy exemptions instead of Illinois exemptions?
No. 735 Ill. Comp. Stat. § 5/12-1201
The Federal Bankruptcy Exemptions under 11 U.S.C. § 522(d) are available to you if
- you haven't lived in any state longer than 180 days for a while,
- or
- if your state allows the Federal exemptions as a choice.