How to obtain general property exemptions in bankruptcy<br>Calculate the equity in your home. Many states will allow you to exempt a certain amount of equity in your home. To figure out the equity in your house, you should subtract the mortgage from the current market value.
Does this next sentence follow, given the preceding text?
The State of Illinois will allow you to exempt the equity in your home.

Available choices: -Yes. -It's impossible to say. -No.