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Bankruptcy

Frequently Asked Questions

| Does a Chapter 7 bankruptcy remove all of my debts? | Does a Chapter 13 bankruptcy remove all of my debts? | Is there any way to eliminate student loans through bankruptcy? | Can I eliminate child support or alimony by declaring bankruptcy? | If I file bankruptcy, will I lose my home? | Can I exempt any property from creditor claims during bankruptcy? | What property am I required to give up? | What alternatives do I have to bankruptcy? | Should I hire an attorney to assist during my bankruptcy proceedings? | How do I protect my custom farm operation from people filing BK against it? | Once I receive Notice of Bankruptcy from someone who owes me money? | What if they come in to pay anyway?

Dillon Law

Chapter 13 bankruptcies only eliminate debts listed in the original plan; additional debts will not be eliminated. Chapter 13 bankruptcies also not affect the following:

Student loans
Debts arising from an OWI conviction
Court fees, fines, penalties, or restitution
Child or spousal support

Long-term debts covering a period beyond the end of the term are not affected. These can include mortgages, debts incurred by fraud, and tax-related debt such as delinquent taxes or penalties for tax evasion.

Thursday, April 15, 2021

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Contact Details

Sumner, Iowa Location

209 E. 1st Street, Sumner, IA 50674

Volga City, Iowa Location

502 Washington St, Volga City, IA 52077

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Sumner, Iowa Attorney practicing in Iowa primarily in Ag Law, Bankruptcy, Estate Planning, Real Estate Law, Family Law & Criminal Defense. Lawyers at the Dillon Law P.C. are dedicated serving Iowa, including but not limited to the cities of Allison, Charles City, Cresco, Decorah, Des Moines, Dubuque, Elkader, Grundy Center, Independence, Manchester, New Hampton, Waterloo, Waverly, Waukon, West Union & Vinton, and the communities that makeup Allamakee, Benton, Black Hawk, Bremer, Buchanan, Butler, Chickasaw, Clayton, Delaware, Dubuque, Fayette, Floyd, Grundy, Howard, Polk, Winneshiek, counties. © 2021 Dillon Law P.C. Sumner Location | 209 E. 1st Street, Sumner, IA 50674 Directions Volga City Location | 502 Washington St, Volga City, IA, 52077. We are there most Fridays 10-3 and by appointment. Directions Telephone: (563) 578-1850 Email: info@dillonlawpc.com Home | Attorneys | Blog | Ag Law | Bankruptcy | Estate Planning | Real Estate Law | Family Law | Criminal Defense | Contact | Iowa Ag Law Attorney Sumner Taxation Commercial Transactions Production Contracts Labor Hobby Farm Liability Bremer Fayette County Lawyer