SB1738 amends Illinois' Code of Civil Procedure to revise consumer debt judgment enforcement, including exemptions and revival standards.
SB1738 amends the Illinois Code of Civil Procedure to revise enforcement of consumer debt judgments. It creates an automatic exemption of $1,000 for personal property held by third parties. It changes revival standards for consumer debt judgments entered before and after January 1, 2020. It also modifies exemptions for personal property, homestead, and other assets. The bill aims to balance the rights of judgment debtors with the enforcement of consumer debt judgments.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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