By Andrew R. Schwartz | Published May 15, 2022 | Posted in Bankruptcy | Tagged Tags: citation, discovering assets, exemption | Comments Off on What Assets Are Protected From Creditors’ Collection Actions?
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What Assets Are Protected From Creditors’ Collection Actions?
Creditors seeking to execute on debtors’ assets to collect on judgments face legal limits under Illinois law, which lets a debtor claim certain types of property as exempt from enforcement of a judgment, wage deduction order or other collection measure. A creditor’s attorney must conduct a thorough examination of a judgment debtor’s assets to determine Read More
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