Legal Question in Bankruptcy in Illinois
Bankruptcy laws in Illinois
what are the in`s and out`s oj filling bankruptcy? what do you lose and what can you keep?
Asked on 12/29/01, 10:23 am
1 Answer from Attorneys
Bruce Buckrop
Bruce Buckrop
Re: Bankruptcy laws in Illinois
The main "exemptions" in Illinois, are $7500. homestead, $1200 for an automobile, $2000 for personal property, IRA & 401 k pensions ect, most bankruptcy lawyers offer free consultations, like myself, so you can learn whether you have other concerns in filing bankruptcy or how to protect yourself, and maximize your exemptions.
Answered on 12/31/01, 10:56 am
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