Illinois Statutes
§ 12-1201 — Bankruptcy exemption
Illinois·Topic RIGHTS AND REMEDIES·Ch. 735 CIVIL PROCEDURE·Act 735 ILCS 5/ Code of Civil Procedure.·Art. Article XII - Judgments - Enforcement
In accordance with the provision of Section 522(b) of the Bankruptcy Code of 1978, (11 U.S.C. 522(b)), residents of this State shall be prohibited from using the federal exemptions provided in Section 522(d) of the Bankruptcy Code of 1978 (11 U.S.C. 522(d)), except as may otherwise be permitted under the laws of Illinois.
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Related
§ 522
11 U.S.C. § 522
Legislative History
(Source: P.A. 82-280.)
Nearby Sections
15
§ 12-1001
Personal property exempt§ 12-1001.1
Automatic exemption§ 12-1002
Schedule of property§ 12-1003
When family entitled to exemptions§ 12-1004
Judgment for wages§ 12-1006
Exemption for retirement plans§ 12-101
Lien of judgment§ 12-102
Judgment against partnership§ 12-103
Representative capacity§ 12-104
Time of restraint deducted§ 12-105
Definition of "real estate"§ 12-106
Enforcement in other counties§ 12-107
Incarceration of judgment debtor§ 12-107.5
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