American LegalNet, Inc. www.FormsWorkFlow.com $4,000 $2,400 $1,500 in value, in any implements, professional books, or tools (3) (4) (5) $15,000, which homestead is exempt from judgment. Under Illinois law, the amount of wages that may be deducted is limited to the lesser of (i) 15% of gross weekly wage or (ii) the amount by which disposable earnings for a week exceed the total of 45 times the federal minimum hourly wage or, under a wage deduction summons served on or after January 1, 2006, the minimum hourly wage prescribed by Section 4 of the Minimum Wage Law, whichever is greater. Under federal law, the amount of wages that may be applied toward a judgment is limited to the lesser of (1) 25% of disposable earnings for a week or (ii) the amount by which disposable earnings for a week exceed 30 times the federal minimum hourly wage. Pension and retirement benefits and refunds may be claimed as exempt under Illinois law. The judgment debtor may have other possible exemptions under the law. American LegalNet, Inc. www.FormsWorkFlow.com