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Iowa Bankruptcy Info

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Iowa Bankruptcy Information

Cedar Rapids  .  Des Moines  .  Dubuque  .  Fort Dodge  .  Independence  .  Mason City  .  Sioux City  . 

Iowa Median Income Standards

 

Iowa Bankruptcy Exemptions

Iowa 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

$7,000

Wages

Expected annual earnings Amount NOT exempt per year
$0 to $12,000 -- $250
$12,000 to $16,000 -- $400
$16,000 to $24,000 -- $800
$24,000 to $35,000 -- $1,000
$35,000 to $50,000 -- $2,000
More than $50,000 -- 10%
Not exempt from spousal or child support

Personal property & Tools of Trade

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.

WildCard

$1,000 of any personal property, including cash

More info About __ Bankrutpcy Exemptions including citations.

Iowa Bankruptcy Courts

  • Iowa Northern District Bankruptcy Court

    Counties Served:
    Allamakee, Benton, Black Hawk, Bremer, Buchanan, Buena Vista, Butler, Calhoun, Carroll, Cedar, Cerro Gordo, Cherokee, Chickasaw, Clay, Clayton, Crawford, Delaware, Dickinson, Dubuque, Emmet, Fayette, Floyd, Franklin, Grundy, Hamilton, Hancock, Hardin, Howard, Humboldt, Ida, Iowa, Jackson, Jones, Kossuth, Linn, Lyon, Mitchell, Monona, Osceola, O’Brien, Palo Alto, Plymouth, Pocahontas, Sac, Sioux, Tama, Webster, Winnbago, Winneshiek, Woodbury, Worth, Wright

  • Iowa Southern District Bankruptcy Court

    Counties Served:
    Adair, Adams, Appanoose, Audubon, Boone, Cass, Clarke, Clinton, Dallas, Davis, Decatur, Des Moines, Fremont, Greene, Guthrie, Harrison, Henry, Jasper, Jefferson, Johnson, Keokuk, Lee, Louisa, Lucas, Madison, Mahaska, Marion, Marshall, Mills, Monroe, Montgomery, Muscatine, Page, Polk Pottawattamie, Powshiek, Ringgold, Scott, Shelby, Story, Taylor, Union, Van Buren, Wapello, Warren, Washington, Wayne

More

 

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