Filing Means Test Exemptions Courts Forms
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Cedar Rapids, IA Bankruptcy Guide

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Iowa Bankruptcy Exemptions

Iowa Exemptions Summary:

Homestead

Real property or an apartment to an unlimited value; property cannot exceed 1/2 acre in town or city, 40 acres elsewhere (husband & wife may not double)

Vehicle Exemption

$7,000

Personal Property

Clothing & its storage containers, household furnishings, appliances, musical instruments, and other personal property to $7,000
Bibles, books, portraits, pictures, & paintings to $1,000 total
Rifle or musket; shotgun
Wedding or engagement rings, limited to $7,000 if purchased after the date of marriage and less than two prior to years of filing.

Wild Card

$1,000 of any personal property, including cash

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