The Illinois wildcard exemption is an exemption provided by the state of Illinois that can be applied to a wide range of items. This post covers what the wildcard exemption is and the types of property it can be used on, from household furnishings and electronics to checking and savings accounts.
Frequently Asked Questions
What is the Illinois wildcard exemption, and how much is it?
The Illinois wildcard exemption is an exemption provided by the state of Illinois that is meant to be used on a myriad of items. You can use it on things like personal furnishings, couches, beds, dressers, personal items, cell phones, and TVs. You can also use it on bank accounts, checking and savings accounts.
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