IN RE POLIS

Nos. 99-1025, 99-1577.

217 F.3d 899 (2000)

In re: Mary L. POLIS, Debtor-Appellant. Mary L. Polis, Plaintiff-Appellant, v. Getaways, Inc., Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided June 28, 2000.

Rehearing Denied July 24, 2000.


Attorney(s) appearing for the Case

Daniel A. Edelman (argued), Edelman, Combs & Latturner, Chicago, IL, for Mary L. Polis.

Daniel J. Zollner (argued), Lord, Bissell & Brook, Chicago, IL, for Getaways, Inc., doing business as Global Excursions.

Before POSNER, Chief Judge, and BAUER and ROVNER, Circuit Judges.


POSNER, Chief Judge.

We have consolidated two appeals that present the question of how to value a cause of action for purposes of determining whether a debtor can exempt it in bankruptcy. Mary Polis was in Chapter 7 bankruptcy when she learned that she might have a cause of action against Getaways, a travel service, under the Truth in Lending Act, 15 U.S.C. §§ 1601 et seq., and the Illinois consumer protection statute, 815 ILCS 505/1 et seq.,<...

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