Tag Archives: Iowa Bankruptcy Chapter 7
Will Bankruptcy Prevent Creditors from Garnishing My Wages?
In a previous post, we explained some of the basics of Iowa’s bankruptcy exemptions, specifically as they applied to a debtor’s house and personal automobiles. But another common question we get is, “What about my weekly pay?” Many people file for bankruptcy protection because they fear their creditors may attempt to garnish their wages…. 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 »
When Is It Time to File for Bankruptcy?
Provided under federal law, any United States citizen has the right to file for bankruptcy if he or she is overwhelmed with debt. Legally filing for bankruptcy will automatically stop creditors who are seeking to collect debt from calling your home, and (in some cases), stop the bank from foreclosing on your home. However,… Read More »
