What is the Iowa Bankruptcy Process?
Many attorneys start the process with a packet that you would fill out listing all your assets, debt, income, expenses and other financial information. Some attorneys have thrown away the packets and just do the petition one on one with you in the office, a process that tends to speed things up and improve accuracy. Once the petition is complete and all fees paid, the case is filed and a hearing time set. The hearing is usually about 20-40 days after filing. If any issues arise during this period such as creditor objections or trustee requests, your attorney will help your resolve those. About 8-9 weeks after the hearing you will normally receive your discharge and your case is finished.