Applying Decades Of Experience To Solve Modern Legal Issues
When preparing for bankruptcy in Council Bluffs or elsewhere in Iowa, it makes sense to wonder, “Can I keep my house and car if I file for bankruptcy?” Unfortunately, there is a lot of confusion surrounding what property a debtor can keep after filing for Chapter 7 or Chapter 12 bankruptcy, especially if their property is necessary to run their…
Filing for bankruptcy may be considered a counter-productive move if you are looking for work. But bankruptcy filing could actually help you find a new job. When you are deeply in debt, you may fear that filing for bankruptcy would harm your chances of landing a job interview. However, filing for bankruptcy could actually assist you in your job search,…
When family farmers in Iowa struggle with debt, the prospect of filing for bankruptcy can be complicated and confusing for anyone who does not have specific knowledge of U.S. bankruptcy law. In particular, family farmers who want to remain in business while seeking bankruptcy protection often discover that Chapter 11 bankruptcy is too complicated and expensive for their needs, while…
Chapter 7 bankruptcy is a type of “liquidation” bankruptcy that allows a debtor to discharge all debts that are dischargeable under the U.S. Bankruptcy Code. In order to have debts discharged, all of the debtor’s non-exempt assets are liquidated so that creditors can be repaid a portion of what the debtor owes. There are many different reasons that an individual…
Recent flooding in Council Bluffs and throughout the state of Iowa has been devastating for farmers and could force many to file for bankruptcy. The flood damage is some of the worst that Iowa farmers have seen in the last decade, and it is likely to cost farmers billions of dollars. Indeed, according to a report in the Des Moines…
Debt collection laws in Iowa are designed to protect consumers from unfair, fraudulent, deceptive, and harassing debt collection practices. While there are a number of laws that may be helpful to consumers dealing with debt, the Iowa Fair Debt Collection Practices Act and the Fair Debt Collection Practices Act (FDCPA) typically are the two laws that consumers turn to when…
Consumers in Iowa and across the country regularly face harassment by debt collectors. Regardless of whether you actually owe the debts for which you are being harassed, there are both state and federal laws in place to protect consumers from harassment and other unfair debt collection practices. Both the Iowa Fair Debt Collection Practices Act and the federal Fair Debt…
Bankruptcy can be extremely complicated, whether you are filing for bankruptcy as a consumer or as a business. At Telpner Peterson Law Firm, LLP, we regularly assist clients with a wide variety of issues in consumer and business bankruptcy. Given our experience as bankruptcy lawyers, we want to provide more information about common bankruptcy questions and answers in Iowa. Q:…
Many Iowa debtors get anxious or scared when they receive a call or a text message from a debt collection company. In some cases, consumers owe the debts for which they are being contacted, and in other situations consumers are targeted for debts that they do not owe. Although it is unlawful, a representative from a collection agency might make…
You may be familiar with Chapter 7 or Chapter 13 bankruptcy as a means of resolving debt, but Chapter 12 offers an additional option for qualifying farmers, fishermen, and other designated entities under the US Bankruptcy Code. The proceedings can be quite complicated, so you should discuss your circumstances with an Iowa Chapter 12 bankruptcy attorney. It may also help…