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.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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