Re: Should I work out payment plan?

Posted by MCM bait (167.127.24.69) on March 10, 2004 at 08:23:22:

In Reply to: Re: Should I work out payment plan? posted by lynn on March 10, 2004 at 07:43:56:

It's possible that the CA could put a lien on your home, but they can't force a sale unless the amount of the judgment at least equals your equity in the home minus the homestead exemption. The homestead exemption for Illinois is $7500. Unfortunately, you can't take the larger exemptions available in bankruptcy in Federal court.

Here is some additional information that may be of help to you: http://www.illinoislawhelp.org/index.cfm?fuseaction=home.dsp_content&contentID=24#JudgmentLiens

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