Part 12 - Exemption In Bankruptcy - Illinois Statutes

      (735 ILCS 5/Art. XII Pt. 12 heading)Part 12. Exemption in Bankruptcy

(735 ILCS 5/12‑1201) (from Ch. 110, par. 12‑1201)     Sec. 12‑1201. Bankruptcy exemption. 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. (Source: P.A. 82‑280.)