There are several categories of income and property exempt from bankruptcy. These include:

  • Vehicles, to a value limit
  • Reasonably necessary property, such as furniture, clothing, and appliances
  • Tools necessary to the debtor's profession, to a value limit
  • Jewelry, to a value limit
  • Benefit payments, such as welfare, Social Security, and unemployment payments
  • Damages awarded by a court

 

Wednesday, December 19, 2018

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Contact Details

Sumner, Iowa Location

209 E. 1st Street, Sumner, IA 50674

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Volga City, Iowa Location

502 Washington St, Volga City, IA 52077

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