Notice: We are still operating during the COVID-19 crisis. However, we are not allowing visitors to our office and most of our staff is operating remotely. Our attorneys and staff are still available to help you by phone and email. If you get our voice mail, please leave a message and it will be returned promptly. There may be delays with mail due to the crisis, so please try to send documents by email after submitting a contact form here or fax to 312-419-0379, if possible.

Can Creditors Take Your Car or Attach Your Checking Account for Payment?

Question: Can creditors take your car or attach your checking account for payment?

Answer: Once it has a judgment, a creditor can enforce the judgment against bank accounts and cars, subject to exemptions. Illinois has a $2450 exemption for a car. Illinois also has a $4000 “wildcard” exemption (for any personal property not otherwise exempted) that can be applied to a bank account. In addition, certain types of funds, such as Social Security and pension benefits, are exempt and remain exempt after you have deposited them in a bank account.