Applying Decades Of Experience To Solve Modern Legal Issues
Many people and families in Iowa make a living through farming and other agricultural work. However, the financial pressures on individual and family farms have greatly increased in recent years. Some of these effects include commodity prices staying low and weather patterns becoming less predictable. These sustained negative effects led to a surge in bankruptcies among small farms. There are…
There are many reasons someone could fall into debt, including losing a job, suffering a serious illness, being involved in a major accident, having to take care of a sick relative, and more. Whatever the reason, having unpaid child support payments on top of your other debts is a serious issue. Depending on the amount you owe and how long…
If you are facing financial hardship and can no longer pay your debts, bankruptcy can help you start over and get your finances under control again. However, filing for bankruptcy is a major decision. It’s important to understand the process, as well as the legal and practical implications. Contacting an experienced bankruptcy attorney can help you decide what legal and…
The fees you might expect to pay to file bankruptcy in Iowa depend on the type of bankruptcy case you file. Additionally, different attorneys will charge their clients varying legal fees and costs. If you’re considering filing for bankruptcy, it’s important to understand the costs you might incur when choosing to file for Chapter 13 or Chapter 7 bankruptcy. How…
Most people will borrow money at some point in their lives, whether to purchase a car or a home, to fund higher education, or for other reasons. A borrower is expected to pay back the money they owe, pay interest, and adhere to payment deadlines. As a creditor, it is crucial to understand what duties you owe to those who…
When you’re facing debt, a Chapter 13 bankruptcy can be a powerful way to help you move forward. It can help you reorganize your finances, pay off your debts, and find a path that works for you. But what happens when circumstances change? The answer is that you may be able to modify your Chapter 13 repayment plan and an…
Most individuals who file for bankruptcy do so under Chapter 7 or Chapter 13 of the U.S. Bankruptcy Code. Chapter 7 bankruptcy discharges most debts after filers sell off certain assets and use the proceeds to repay their creditors. Chapter 13 bankruptcy wipes out most after debtors pay a controlled portion of what they owe over a period of three…
Filing for bankruptcy can provide you relief if you’re overwhelmed by debt, whether it resulted from a failed business, medical circumstances, or some other loss. When you decide to file for bankruptcy, however, you may wonder how it may affect individuals who had cosigned your loans with you. How does bankruptcy affect them, and what can you do to protect…
Filing Chapter 7 bankruptcy can help individuals who are struggling with debt and unable to pay their bills reset their finances and get a fresh start. Also called discharge bankruptcy, Chapter 7 bankruptcy enables debtors to clear some types of unsecured debt, such as personal loans, credit card debt, and medical bills. Many people who file for Chapter 7 bankruptcy…
When you’ve made the decision to file for bankruptcy to resolve your financial issues and give yourself a fresh start, you likely will have many questions about how bankruptcy will affect your life. One of the most important questions many people have when they file for bankruptcy is whether they’ll end up losing their home during the process. Whether a…