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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

A Chapter 7 bankruptcy will not cover any debts not listed at the time of filing. It also does not eliminate the following:

Recent taxes
Child or spousal support
Court fees, fines, penalties, or restitution
Debts arising from an OWI conviction
Debts caused by the debtor's fraud

Creditors can object to keep debts in force if they prove the debts meet certain categories.

Friday, February 03, 2023

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Sumner, Iowa Attorney practicing in Iowa primarily in Ag Law, Bankruptcy, Estate Planning, Real Estate Law. Lawyers at the Dillon Law P.C. are dedicated to 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 make up Allamakee, Benton, Black Hawk, Bremer, Buchanan, Butler, Chickasaw, Clayton, Delaware, Dubuque, Fayette, Floyd, Grundy, Howard, Polk, Winneshiek, counties. © 2022 Dillon Law P.C. Sumner Location | 209 E. 1st Street, Sumner, IA 50674 Volga City Location | 502 Washington St, Volga City, IA, 52077. West Union Location | 103 N. Vine Street, West Union, Iowa 52175 West Union, Iowa 52175 We are there most Fridays 10-3 and by appointment. Telephone: (563) 578-1850 Email: info@dillonlawpc.com Home | Attorneys | Blog | Ag Law | Bankruptcy | Estate Planning | Real Estate Law | Contact | Iowa Ag Law Attorney Sumner Taxation Commercial Transactions Production Contracts Labor Hobby Farm Liability Bremer Fayette County Lawyer