§ Exemptions Calculator
State and Federal Exemptions
Gross Asset Total
$250,950.00
Net Equity to Exempt
$71,750.00
State Exemptions
Illinois — 735 ILCS 5/12-901 et seq.
| Total Automatically Exempted | $55,050.00 |
| Total Manually Exempted | $0.00 |
| Total Amount Exempted | $55,050.00 |
| Non-Exempt | $16,700.00 |
| Total Homestead Exempted | $0.00 |
REAL ESTATE
🏠
Single-family home, 1524 Custer Ave, Rockford IL 61104
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-901
Homestead exemption
|
$50,000.00 [D] | $0.00 |
Debtor's Equity $0.00
Exempted $0.00
Non Exempt $0.00
VEHICLES
🚗
2021 Toyota Camry SE, 45,000 mi
Non Exempt: $700.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(c)
Motor vehicle
|
$3,600.00 [D] | $3,600.00 |
Debtor's Equity $4,300.00
Exempted $3,600.00
Non Exempt $700.00
🚗
2018 Honda CR-V EX, 72,000 mi
Non Exempt: $16,000.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(c)
Motor vehicle
|
$3,600.00 [D] | $0.00 |
Debtor's Equity $16,000.00
Exempted $0.00
Non Exempt $16,000.00
HOUSEHOLD
💻
Furniture, appliances, kitchen items
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $2,500.00 |
Debtor's Equity $2,500.00
Exempted $2,500.00
Non Exempt $0.00
💻
Personal clothing — all household members
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $600.00 |
Debtor's Equity $600.00
Exempted $600.00
Non Exempt $0.00
💻
2 iPhones, iPad, gaming console, laptop
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(a)
All household goods and personal possessions
|
100% | $900.00 |
Debtor's Equity $900.00
Exempted $900.00
Non Exempt $0.00
FINANCIAL
💰
BMO Harris Checking — joint with Maria
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard (additional personal property)
|
$4,000.00 [D] | $1,250.00 |
Debtor's Equity $1,250.00
Exempted $1,250.00
Non Exempt $0.00
💰
BMO Harris Savings
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard (additional personal property)
|
$4,000.00 [D] | $800.00 |
Debtor's Equity $800.00
Exempted $800.00
Non Exempt $0.00
💰
Collins Aerospace 401(k)
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1006
Retirement accounts
|
100% | $45,000.00 |
Debtor's Equity $45,000.00
Exempted $45,000.00
Non Exempt $0.00
OTHER
📦
Garage tools — basic home maintenance
Non Exempt: $0.00
| Statute | Limit | Amount Applied | |
|---|---|---|---|
|
735 ILCS 5/12-1001(b)
Wildcard
|
$4,000.00 [D] | $400.00 |
Debtor's Equity $400.00
Exempted $400.00
Non Exempt $0.00
§ 735 ILCS 5/12-901
Exemption Description
Homestead exemption
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Single-family home, 1524 Custer Ave, Rockford IL 61104 | $0.00 | $0.00 | $0.00 | $0.00 |
Exempted $0.00
Limit $50,000.00 [D]
Available Exemption $50,000.00
§ 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 |
|---|---|---|---|---|
| 2021 Toyota Camry SE, 45,000 mi | $4,300.00 | $3,600.00 | $3,600.00 | $700.00 |
| 2018 Honda CR-V EX, 72,000 mi | $16,000.00 | $0.00 | $0.00 | $16,000.00 |
Exempted $3,600.00
Limit $3,600.00 [D]
Available Exemption $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 |
|---|---|---|---|---|
| BMO Harris Checking — joint with Maria | $1,250.00 | $1,250.00 | $1,250.00 | $0.00 |
| BMO Harris Savings | $800.00 | $800.00 | $800.00 | $0.00 |
| Garage tools — basic home maintenance | $400.00 | $400.00 | $400.00 | $0.00 |
Exempted $2,450.00
Limit $4,000.00 [D]
Available Exemption $1,550.00
§ 735 ILCS 5/12-1006
Exemption Description
Retirement accounts
| Asset | Debtor's Equity | Amount Applied This exemption only |
Total Exempted All exemptions |
Non Exempt |
|---|---|---|---|---|
| Collins Aerospace 401(k) | $45,000.00 | $45,000.00 | $45,000.00 | $0.00 |
Exempted $45,000.00
Limit 100%
§ 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 |
|---|---|---|---|---|
| Furniture, appliances, kitchen items | $2,500.00 | $2,500.00 | $2,500.00 | $0.00 |
| Personal clothing — all household members | $600.00 | $600.00 | $600.00 | $0.00 |
| 2 iPhones, iPad, gaming console, laptop | $900.00 | $900.00 | $900.00 | $0.00 |
Exempted $4,000.00
Limit 100%
Exemption Calculator Settings
Illinois does not use Federal Exemptions