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Bankruptcy
: The Debt PodcastSeventh Circuit limits Illinois Homestead Exemption
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The US Court of Appeals for the Seventh Circuit has just decided that Illinois residents cannot claim a homestead exemption on a house in which they live unless they have some record title interest in the property. In re Belcher, (7th Cir. 07- 2174, December 31, 2008). Often, one spouse may hold title to a [...]Full post as published by The Debt Podcast on January 05, 2009 (boomark / email).
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