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The debtor borrowed $300 from regional Loan supplying the lender an assignment of his potential wages as collateral. He later filed a chapter seven petition and following the discharge was entered, area mortgage proceeded to garnish his wages pursuant to your assignment. The debtor questioned the bankruptcy court docket to enjoin the enforcement action. nearby Loan argued the Supreme Court of Illinois experienced Formerly dominated “that an assignment of potential wages constitutes an enforceable lien,” Which ruling couldn't be attacked via the individual bankruptcy courtroom.
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