Can I Keep My Home If I File Bankruptcy in Iowa?

Yes, as long as you make any remaining mortgage payments on time. Iowa is one of the few states that allow a full exemption for the equity that you own in your home. None of the equity accumulated in your home may be used to pay off unsecured creditors.

Speak to an Experienced Foreclosure and Alternatives Attorney Today

This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure and alternatives lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure and alternatives attorney to discuss your specific legal situation.

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