Illinois Compiled Statutes
735 ILCS 5/12-1201 (2026)
Bankruptcy exemption
✓ current as of May 2026
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(735 ILCS 5/12-1201)
(from Ch. 110, par. 12-1201)
Sec. 12-1201.
Bankruptcy exemption.
In accordance with the provision
of Section 522(b) of
the Bankruptcy Code of 1978, (11 U.S.C. 522(b)), residents of this State
shall be prohibited from using the federal exemptions provided in Section
522(d) of the Bankruptcy Code of 1978 (11 U.S.C. 522(d)), except as may
otherwise be permitted under the laws of Illinois.
(Source: P.A. 82-280.)
(735 ILCS 5/Art. XII Pt. 14 heading) Part 14.
Orders to Take into Custody
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Notes of Decisions
Cited in 28
cases (3 in the last 5 years), 1993–2026 · leading case: In the Matter of Daniel J. YONIKUS & Carolyn S. Yonikus, Debtors. Appeal of Daniel J. YONIKUS, 996 F.2d 866 (7th Cir. 1993).
In the Matter of Daniel J. YONIKUS & Carolyn S. Yonikus, Debtors. Appeal of Daniel J. YONIKUS, 996 F.2d 866 (7th Cir. 1993). “At that point, the Bankruptcy Code permits a debtor to remove from the estate whatever property is deemed exempt from execution under either state or federal law.”
In re Elena Hernandez, 2020 IL 124661 (Ill. 2021). “Section 12-1201 of the Code of Civil Procedure (735 ILCS 5/12-1201 (West 2016)) provides that residents of this state are “prohibited from using federal exemptions provided in Section 522(d) of the Bankruptcy Code of 1978 (11 U.”
Helms v. Metro. Life Ins. Co. (In re O'Malley), 601 B.R. 629 (Bankr. N.D. Ill. 2019). “Therefore, the Court must decide whether the Auxiliary Plan is exempt under Illinois law. Specifically, O'Malley, Zellmer, and TAMO argue that the Auxiliary Plan is exempt under 735 ILCS 5/12-1006 and/or 735 ILCS 5/12-704.”
In Re Schnabel, 153 B.R. 809 (Bankr. N.D. Ill. 1993). “Under § 522(b)(1), unless a state has “opted out” of the federal exemption scheme, a debtor may choose either the exemptions listed in § 522(d) or applicable state and federal exemptions other than those listed in § 522(d).”
In Re Allard, 196 B.R. 402 (Bankr. N.D. Ill. 1996). “The Bankruptcy Code allows individual states to take this choice away from the debtor by “opting out” of the federal exemptions.”
Grochocinski v. Laredo (In Re Laredo), 334 B.R. 401 (Bankr. N.D. Ill. 2005). “” See 735 ILCS 5/12-1201; see also Polis v. Getaways, Inc.”
In re Vazquez, 516 B.R. 523 (Bankr. N.D. Ill. 2014). “735 ILCS 5/12-1201 (2012). 1 Federal Rule of Bankruptcy Procedure 4003(b) allows a party in interest to “file an objection to the list of property claimed as exempt within 30 days after the meeting of creditors held under section 341(a) is concluded or within 30 days after any…”
In Re Eichhorn, 338 B.R. 793 (Bankr. S.D. Ill. 2006). “735 ILCS 5/12-1201; see, e.g., In re Mukhi, 246 B.”
In Re Moreno, 352 B.R. 455 (Bankr. N.D. Ill. 2006). “See 735 ILCS 5/12-1201; In re Garcia, 149 B.R.”
In Re Fishman, 241 B.R. 568 (Bankr. N.D. Ill. 1999). “See 735 ILCS 5/12-1201; Clark v. Chicago *572 Municipal Employees Credit Union, 119 F.”
Voiland v. Gillissie (In Re Gillissie), 215 B.R. 370 (Bankr. N.D. Ill. 1997). “§ 522 (b)(1) and 735 ILCS 5/12-1201). Moreover, choices between state and federal law are to be made not by application of any automatic “litmus paper” criterion but rather by reference to the principles of outcome determination and the deterrence of forum shopping.”
In Re Hellen, 329 B.R. 678 (Bankr. N.D. Ill. 2005). “735 ILCS 5/12-1201; see also In re Polis, 217 F.”
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