In the Matter Of: Fred E. Schoonover, Debtor-Appellant
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Edward Karr obtained a $100,000 judgment in Illinois court against Fred Schoon-over. When Schoonover did not pay, Karr invoked the judgment to garnish about $80,000 that Schoonover had in the Bank of Herrin. Schoonover then filed a bankruptcy petition and listed the $80,000 as exempt, on the ground that the money had come from Social Security, veterans, and disability payments. He relied on 785 ILCS 5/12 — 1001(g) and 12-1006, state exemption statutes that a debtor may elect to use. See 11 U.S.C. § 522(b)(2)(A). Karr ignored the proceeding until Schoon-over filed a…
2Cases cited8 opinions
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Taylor v. Freeland & KronzSupreme Court of the United States · 1992
- Owen v. OwenSupreme Court of the United States · 1991
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- In the Matter Of: Donald Weinhoeft and Anita L. Weinhoeft, Debtors-AppellantsCourt of Appeals for the Seventh Circuit · 2001
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