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Credit Card Debt Consolidation Help  in Iowa
Call Today: (877) 274-1260
If you successfully complete our program, it’s possible that you’ll enjoy these benefits:
Settle your debts for less than you owe
  (read here for full details about how much you can expect to save)
Resolve your unsecured debts in 18 to 60 months
  (read here for full details on how long our program lasts)
No Up Front Fees - Don't Pay Till You See Results!
Iowa  Debt Relief
Debt settlement, also known as debt negotiation and debt reduction, is the process by which we negotiate and settle a debt for a reduced amount on behalf of a client. When successful, it is possible that Franklin Debt Relief can settle their debts for less than what is owed, all with the convenience of one low program payment. The savings from our debt settlement program can potentially be tremendous versus making your minimum payments, and it is in some cases the cheapest and fastest debt relief, debt consolidation or debt help option available to Iowa consumers.

If you're overwhelmed with credit cards, medical bills, balances from a repossession, or accounts in collections, call for a free consultation: (877) 274-1260.
Pertinent Iowa  Debt Relief and Debt Help Laws
(This is intended to be a helpful and informational debt resource for Iowa consumers and does not constitute legal advice. For legal advice about your situation, contact a licensed professional in Iowa.)

Debt Collection

Iowa follows the set of federal laws dealing with collection agencies (and law firms that collect debts) that are collectively known as the Fair Debt Collection Practices Act (FDCPA). For more information on the FDCPA follow this link: debt collection.

-Original creditor or creditor collecting own debt must comply with all the provisions of the FDCPA, except those provisions dealing with required disclosures. (For example, the original creditor does not have to verify the debt's validity).
-Original creditor and debt collector cannot distribute any information relating to debt to unauthorized third parties. (This does not include anyone who may have information about the debtors' location).
-Original creditor and debt collector cannot include debtor in a "deadbeat" list.
-Debt collector cannot fail to state the name and address of the business who the debtor originally owed.
-Original creditor and debt collection agency cannot obtain a statement that both the husband and wife are liable for a debt when only one is.
-Debt collector cannot attempt to convince the debtor to pay debt discharged in bankruptcy without clearly disclosing the nature and consequence of agreement and fact that debtor is not legally obligated to pay debt.
-Debt collector cannot attempt to collect interest or other charges (i.e. collection's fee) unless authorized by contract or law.

-Maximum Interest Rate a Collection Agency Can Charge in Iowa: 5%

Iowa Debt Help Law

Iowa Wage Protection: No less than 90% of expected annual earnings protected (more depending on how much you owe), unless earning less than $12,000

Statute of Limitations

A statute of limitations is a law that sets forth the maximum period of time, after certain events, that legal proceedings based on those events may be initiated. For debt, the statutes of limitation apply to the maximum period of time after a consumer has become delinquent on their payments. The key point to remember is that you are considered delinquent not from the date of your last payment, but rather the day after you have gone past due. In other words, if you made your last payment on 3/3/03 and your next payment was due the same day of the next month, the statute of limitations on the debt would not start running until 4/4/04. The statutes of limitations vary from state to state and depend on the type of debt and where the original transaction took place (i.e. if you took the loan out in Texas but currently live in Iowa, the applicable statutes of limitations would be Texas'.)

Oral Agreements: 5 years
Written Contracts: 10 years
Promissory Notes: 10 years
Open Accounts (credit cards): 5 years

Bankruptcy Courts

8th Floor
425 Second Street SE
Cedar Rapids, Iowa

Carnegie-State Public Library
360 W. 11th Street
Third Floor Auditorium
Dubuque, Iowa

Buchanan County Courthouse
2nd Floor Courtroom
210 5th Ave., N.E.
Independence, Iowa

Third Floor
U.S. Post Office
Fort Dodge, Iowa

Second Floor
U.S. Post Office
211 North Delaware Ave
Mason City, Iowa

U.S. Courthouse
320 6th St.
Sioux City, Iowa

300 U.S. Courthouse Annex
110 East Court Ave Suite 300
Des Moines, Iowa 50309

Bankruptcy Exemptions

Bankruptcy exemptions are protected assets that the bankruptcy code mandates that a debtor is entitled to keep in order to adequately get a "fresh start" after filing. Bankruptcy exemptions vary from state to state, and the following list is the property that is protected in the bankruptcy code of Iowa. For more information, follow this link: bankruptcy exemptions.

Real Estate, Auto, Personal Property

-Real property or an apartment to an unlimited value (property cannot exceed an acre in town or city, 40 acres everywhere else)
-Motor vehicle, musical instruments, tax refund, and accumulated wages to $5000 total; no more than $1,000 from tax refunds and accumulated wages
-Appliances, furnishings, and household goods to $2000 total
-Bibles, books, portraits, pictures, and paintings to $1000 total
-Clothing and its storage containers to $1000
-Burial plot to 1 acre
-Health aids
-Residential security or utility deposit, or advance rent to $500
-Rifle, musket or shotgun
-Wedding or engagement rings


-Accident, disability, health, illness, or life insurance proceeds or avails
-Disability or illness benefit
-Employee group insurance policy or proceeds
-Fraternal benefit society benefits
-Life insurance proceeds if clause prohibits proceeds to from being used to pay beneficiary's creditors
-Life insurance proceeds paid to spouse, child, or other dependent (limited to $10,000 if acquired within 2 years of filing)
-Upon death of insured, up to $15,000 total proceeds from all matured life, accident, health, or disability policies exempt from beneficiary's debts contracted before insured's death

Public Benefits

-Adopted child assistance
-Aid to dependent children
-Any public assistance benefit
-Social Security
-Unemployment compensation
-Veterans' benefits
-Workers' compensation


-Retirement plans, Keoghs, IRAs, Roth IRAs, ERISA-qualified benefits
-Disabled firefighters and police officers
-Police officers
-Public employees
-Peace officers
-Federal government pensions
-Other pensions, annuities, and contracts fully exempt, except any unusual contribution amounts made within 1 year prior to filing

Tools of Trade

-Farming equipment; includes livestock, feed to $10,000
-Nonfarming equipment to $10,000


-Alimony, child support needed for support
-Liquor licenses

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