Tag Archives: Fairfield Bankruptcy Lawyers

Will Missing Financial Records Hurt My Chapter 7 Bankruptcy Case?
Chapter 7 bankruptcy is designed to give Iowa debtors a “fresh start” by discharging their legal obligation to pay certain pre-bankruptcy debts. But a federal bankruptcy judge may refuse to grant a discharge if the debtor fails to follow the law. For example, the Bankruptcy Code states a debtor is not entitled to a… Read More »

Can I Keep My House and Car If I File for Bankruptcy in Iowa?
The first question many clients ask us with respect to bankruptcy is, “Can I keep my house?” Or if they do not own a house, maybe they’ll ask about keeping their car or property necessary to run their business. Basically, there is a lot of confusion surrounding what property a debtor may keep when… Read More »

What to do When You Cannot Make Payments on Your Chapter 13 Repayment Plan
Chapter 13 bankruptcy is a debt relief method that allows a debtor to repay all or a portion of his or debt over a period of three to five years. Typically, a person chooses to file a Chapter 13 instead of Chapter 7 because he or she has enough disposable income to make monthly… Read More »

Can I End My Iowa Chapter 13 Bankruptcy Early?
Filing for Chapter 13 bankruptcy in Iowa is a commitment: for three to five years, you are agreeing to pay the local bankruptcy court trustee your “disposable income” (as that amount is calculated) in order that such funds can be used to pay your debts and obligations. Depending on your spending habits and lifestyle… Read More »

Small Business Bankruptcy in Iowa: What You Need to Know
If you own a small business in Iowa and are having a hard time paying your debts you may be considering filing for bankruptcy. Bankruptcy is a legal process designed to help individuals and businesses struggling to repay their debts by providing them with the opportunity to eliminate and/or repay their debts under the… Read More »
Rebuilding Your Credit After Filing For Bankruptcy
Individuals who are considering filing for bankruptcy are often concerned that doing so will ruin their credit. While not everyone who files for bankruptcy sees a dip in their credit score, others definitely do. Bankruptcies can remain on your credit report for up to 10 years and can have a devastating impact on your… Read More »
What is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?
If you are simply unable to get out from under your debt, you may want to consider filing for bankruptcy protection. Bankruptcy has been around for hundreds of years in the United States and is designed to help people who are deep in debt by giving them a fresh financial start. However, bankruptcy protection… Read More »
New Debt Relief Legislation Passed In Iowa To Help Drivers Keep Their Licenses
In Iowa, the Department of Transportation (DOT) has the power to suspend your driver’s license if you have overdue fines or have failed to pay outstanding court debts. According to the Des Moines Register, the Iowa DOT revokes or suspends somewhere between 140,000 and 160,000 driver’s licenses every year, and roughly half are suspensions… Read More »
Will Filing Bankruptcy Stop My Foreclosure?
Steady foreclosure rates and complicated bankruptcy laws in Iowa leave many struggling homeowners wondering if a filing bankruptcy claim will really save their homes from foreclosure. Under the right circumstances, an Iowa resident can apply for bankruptcy and become eligible for benefits that are more advantageous than not. For example, in cases where your… Read More »