Applying Decades Of Experience To Solve Modern Legal Issues
Farmers have a number of different options when faced with mounting debt caused by low prices, high interest rates, and export complications, including filing for Chapter 12 bankruptcy. However, deciding which course of action is best in a particular case can be difficult, so if you own a family farm and are struggling financially, it is important to contact a…
This month, the Small Business Reorganization Act of 2019 officially went into effect. Creating a new subchapter under Chapter 11 of the Bankruptcy Code, the new law was designed to promote efficiency and simplicity for small businesses looking to reorganize by applying for Chapter 11 bankruptcy. Although the recent changes have simplified the process of filing for Chapter 11 bankruptcy,…
According to the American Farm Bureau, farm bankruptcies increased by nearly 20 percent last year, with 595 family farms filing Chapter 12 bankruptcy petitions, 27 of which were located in Iowa. In fact, farm bankruptcies in Iowa have reached their highest in over a decade. In an effort to address these increases, Congress enacted the Family Farmer Relief Act late…
When a creditor needs to take a debtor to court in order to have a debt repaid, the difficult part is not necessarily over. While winning a civil case in court against a debtor can be a relief for a creditor, simply winning a case does not guarantee that the debtor will pay. Once you win the case, it is…
Driving in Iowa in the winter can be sketchy at times. When visibility is impaired and road conditions are poor due to snow and ice, though, the risk of being in a crash is even greater. The risk of being involved in a crash is also exacerbated during the holidays, when more people are on the road. As you drive…
The leading cause of death among American teenagers is motor vehicle accidents. Most car collisions involving teens are preventable, but many young drivers ignore safety rules, putting themselves and other motorists at risk. Each year, nearly 2,400 teenagers aged 16-19 are killed, and more than 300,000 suffer injuries in auto accidents in Iowa and other parts of the country. A…
The holiday season is fun, but no one can deny the fact that it is also a stressful time of year. For those with financial struggles, the holiday season almost always means digging themselves deeper into debt. So, does it mean you should file for bankruptcy before the holiday season? Or would it prevent you and your family from having…
Many of those who file for bankruptcy in Council Bluffs and other parts of Iowa wonder, “Can I file bankruptcy for my student loans?” The answer may be yes but doing so would require you to prove “undue hardship” for student loans. According to NBC News, one in five adult Americans has student loan debt. That is as many as…
As the Iowa Department of Transportation (IDOT) has reopened a stretch of southbound Interstate 29 into Council Bluffs after the third round of flooding, it is time to discuss a driver’s liability for car accidents that occur during flooding. As areas north of Council Bluffs remain flooded and inaccessible for motor vehicles, motorists across Iowa are wondering how fault is…
Rollover auto accidents tend to be the deadliest collisions, mainly because many of the vehicle’s safety features are not able to protect the driver and occupants from rollover-related injuries. According to the NHTSA, rollover crashes account for more than a third of all deaths in passenger vehicle accidents. It is worth mentioning that of more than 7,600 people who died…