After the asset is sold, the client is to repay HFS for any benefits issued during the exemption period. Determine the repayment amount as follows:
If the property is sold or transferred for less than the current market value use the net proceeds as the current market value less any sales cost and encumbrances.
If a cash client does not repay HFS after the sale, report an overpayment for each month of the exemption period.
Illinois Department of Human ServicesJB Pritzker, Governor · Grace B. Hou, Secretary
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