What illinois statute determines which of dollys assets

Reference no: EM133612432

Question: Assume that your client has a judgment for $250,000 against Dolly Defendant. You know that Dolly has $100,000 in liability insurance, a home worth $100,000, a cottage worth $60,000 (but only $15,000 paid for), 2 vehicles worth $10,000 each (both paid for), a boat worth $7000, and an online business that generates $30,000 in gross annual income. What Illinois statute determines which of Dolly's assets are NOT exempt from executionWhat on the judgment.

Reference no: EM133612432

Questions Cloud

The total amount of interest paid on this loan : The amount refinanced was $350,000. The total amount of interest paid on this loan and reported on Form 1098 was $5,200

What change in demand say about peoples perception of art : Does it surprise you that buyers are opting for young living artist who often make abstract art? What the change in demand say about people's perception of art?

Explain your rationale based on the numbers : accounting or finance experience would understand. Write your recommendation and explanation below in one paragraph

Provide a description of the funds and grants needed : You are trying to create shelter homes for the unhoused. Provide a description of the funds and grants needed, as well as how you'd get those funds and grants.

What illinois statute determines which of dollys assets : What Illinois statute determines which of Dolly's assets are NOT exempt from executionWhat on the judgment.

Explore the wonders each corner of the chapters : Explore the wonders each corner of the chapters. Introduce a brief background about the author. Include necessary reflective details within the content.

What inquiry should you have for management : What inquiry should you have for management when looking at the breakdown of the current assets? Where there unusual circumstances

Effective interest rate per interest period : beginning of each k interest periods is $4,316.91. Given that the effective interest rate per interest period is 3.6565%, find k

Where do you see lines getting blurred or crossed : Where do you see lines getting blurred or crossed? Can you think of any current examples to defend your position?

User Account

All Pages