§ Exemptions Calculator
State and Federal Exemptions
Gross Asset Total
$61,720.00
Net Equity to Exempt
$54,920.00
State Exemptions
Illinois — 735 ILCS 5/12-901 et seq.
| Total Automatically Exempted | $49,820.00 |
| Total Manually Exempted | $0.00 |
| Total Amount Exempted | $49,820.00 |
| Non-Exempt | $5,100.00 |
| Total Homestead Exempted | $0.00 |
VEHICLES
🚗
2019 Honda Accord LX, 67,000 mi
Non Exempt: $5,100.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(c)
Motor vehicle
|
$3,600.00 [D] | $3,600.00 |
Debtor's Equity $8,700.00
Exempted $3,600.00
Non Exempt $5,100.00
HOUSEHOLD
💻
Apartment furnishings, TV, small appliances
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $1,500.00 |
Debtor's Equity $1,500.00
Exempted $1,500.00
Non Exempt $0.00
💻
Personal clothing
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $250.00 |
Debtor's Equity $250.00
Exempted $250.00
Non Exempt $0.00
💻
iPhone 15, laptop, tablet
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $700.00 |
Debtor's Equity $700.00
Exempted $700.00
Non Exempt $0.00
FINANCIAL
💰
Chase Checking
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard (additional personal property)
|
$4,000.00 [D] | $1,450.00 |
Debtor's Equity $1,450.00
Exempted $1,450.00
Non Exempt $0.00
💰
Chase Savings
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard (additional personal property)
|
$4,000.00 [D] | $620.00 |
Debtor's Equity $620.00
Exempted $620.00
Non Exempt $0.00
💰
Fehr Graham 401(k)
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1006
Retirement accounts
|
100% | $12,500.00 |
Debtor's Equity $12,500.00
Exempted $12,500.00
Non Exempt $0.00
💰
Walsh Construction 401(k) — rollover IRA
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1006
Retirement accounts
|
100% | $28,000.00 |
Debtor's Equity $28,000.00
Exempted $28,000.00
Non Exempt $0.00
OTHER
📦
Expected 2025 federal tax refund
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(g-7)
Earned Income Credit
|
100% | $1,200.00 |
Debtor's Equity $1,200.00
Exempted $1,200.00
Non Exempt $0.00
§ 735 ILCS 5/12-1001(b)
Exemption Description
Wildcard (additional personal property)
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Chase Checking | $1,450.00 | $1,450.00 | $1,450.00 | $0.00 |
| Chase Savings | $620.00 | $620.00 | $620.00 | $0.00 |
Exempted $2,070.00
Limit $4,000.00 [D]
Available Exemption $1,930.00
§ 735 ILCS 5/12-1001(c)
Exemption Description
Motor vehicle
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| 2019 Honda Accord LX, 67,000 mi | $8,700.00 | $3,600.00 | $3,600.00 | $5,100.00 |
Exempted $3,600.00
Limit $3,600.00 [D]
Available Exemption $0.00
§ 735 ILCS 5/12-1001(a)
Exemption Description
All household goods and personal possessions
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Apartment furnishings, TV, small appliances | $1,500.00 | $1,500.00 | $1,500.00 | $0.00 |
| Personal clothing | $250.00 | $250.00 | $250.00 | $0.00 |
| iPhone 15, laptop, tablet | $700.00 | $700.00 | $700.00 | $0.00 |
Exempted $2,450.00
Limit 100%
§ 735 ILCS 5/12-1006
Exemption Description
Retirement accounts
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Fehr Graham 401(k) | $12,500.00 | $12,500.00 | $12,500.00 | $0.00 |
| Walsh Construction 401(k) — rollover IRA | $28,000.00 | $28,000.00 | $28,000.00 | $0.00 |
Exempted $40,500.00
Limit 100%
§ 735 ILCS 5/12-1001(g-7)
Exemption Description
Earned Income Credit
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Expected 2025 federal tax refund | $1,200.00 | $1,200.00 | $1,200.00 | $0.00 |
Exempted $1,200.00
Limit 100%
Exemption Calculator Settings
Illinois does not use Federal Exemptions