Assume that your client has a judgment for $250,000 against Dolly Defendant. You know that Dolly has $100,000 in liability insurance, a home worth $100,000, a cottage worth $60,000 (but only $15,000 paid for), 2 vehicles worth $10,000 each (both paid for), a boat worth $7000, and an online business that generates $30,000 in gross annual income. Illinois exemption statutes to determine which of Dolly's assets are NOT exempt from execution on the judgment?

Answer rating: 100% (QA)

To determine which of Dolly Defendants assets are not exempt from execution on the judgment in Illinois we need to consider the exemption statutes app... View the full answer