Citation Notice {CV-NOT14} | Pdf Fpdf Doc Docx | Illinois

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Citation Notice {CV-NOT14} | Pdf Fpdf Doc Docx | Illinois

Last updated: 11/8/2010

Citation Notice {CV-NOT14}

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Description

STATE OF ILLINOIS IN THE CIRCUIT COURT OF THE 22nd JUDICIAL CIRCUIT McHENRY COUNTY ________________________________________________ Plaintiff - Judgment Creditor vs. ________________________________________________ Defendant ­ Judgment Debtor Case Number_________________________________ CITATION NOTICE Judgment Debtor's last known: Name: __________________________________________ Address: ________________________________________ City, State, Zip: ___________________________________ Judgment Creditor's Attorney/Judgment Creditor: _____________________________________________ _____________________________________________ _____________________________________________ Phone: _______________________________________ Judgment in the amount of $ _____________________________ Name of Person receiving Citation: _____________________________________________________________________ Court Date and Time:________________________________________________________________________________ NOTICE: The court has issued a citation against the person named above. The citation directs that person to appear in court to be examined for the purpose of allowing the judgment creditor to discover income and assets belonging to the judgment debtor or in which the judgment debtor has an interest. The citation was issued on the basis of a judgment against the judgment debtor in favor of the judgment creditor in the amount stated above. On or after the court date stated above, the court may compel the application of any discovered income or assets toward payment of the judgment. The amount of income or assets that may be applied toward the judgment is limited by federal and Illinois law. THE JUDGMENT DEBTOR HAS THE RIGHT TO ASSERT STATUTORY EXEMPTIONS AGAINST CERTAIN INCOME OR ASSSETS OF THE JUDGMENT DEBTOR WHICH MAY NOT BE USED TO SATISFY THE JUDGMENT IN THE AMOUNT STATED ABOVE: (1) (a)Under Illinois or federal law, the exemptions of personal property owned by the debtor include the debtor's equity interest, not to exceed $4,000 in value, in any personal property as chosen by the debtor. (b) Social Security and SSI benefits. (c) Public assistance benefits; (d) Unemployment compensation benefits; (e) Worker's compensation benefits; (f) Veteran's benefits; (g) Circuit breaker property tax relief benefits; (h) The debtor's equity interest, not to exceed $2,400 in value, in any one motor vehicle; and (i) The debtor's equity interest, not to exceed $1,500 in value, in any implements, professional books, or tools of the trade of the debtor. (2) Under Illinois law, every person is entitled to an estate in homestead, when it is owned and occupied as a residence, to the extent in value of $15,000, which homestead is exempt from judgment. (3) Under Illinois law, the amount of wages that may be applied toward a judgment is limited to the lesser of (i) 15% of gross weekly wages of (ii) the amount by which disposable earnings for a week exceed the total of 45 times the federal minimum hourly wage. (4) Under federal law, the amount of wages that may be applied toward a judgment is limited to the lesser of (i) 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. (5) 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. THE JUDGMENT DEBTOR HAS THE RIGHT AT THE CITATION HEARING TO DECLARE EXEMPT CERTAIN INCOME OR ASSETS OR BOTH. The judgment debtor also has the right to seek a declaration at an earlier date, by notifying the clerk in writing at the office of the Clerk of the Circuit Court, 2200 North Seminary Avenue, Woodstock, Illinois 60098. When so notified, the Clerk of the Circuit Court will provide a hearing date and the necessary forms that must be prepared by the judgment debtor or the judgment debtor's attorney and sent to the judgment creditor regarding the time and location of the hearing. This Notice may be sent CV-NOT14: Revised 12/01/06 by regular First Class Mail. American LegalNet, Inc. www.FormsWorkflow.com

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