Protecting the Rights of Consumers
For Over 25 Years
|
By
Edelman Combs Latturner & Goodwin LLC
Question: If I have a judgment placed against me can they seize my personal bank accounts?
Answer: Yes, subject to applicable exemptions. These include the $4,000 Illinois “wildcard” exemption, which you must claim, and exemptions based on the source of the funds, such as social security and disability payments, which a bank is obligated to identify whether or not you claim the exemption.