Will I Lose My House, Car, or Other Belongings?

Generally, Iowa exemption law allows you to retain nearly all of your possessions, including:

  • one motor vehicle for each person (2 for married persons)
  • the house you live in (but you must keep making payments)
  • retirement savings, 401K, IRA, IPERS, and the like
  • household goods and furnishings
  • one rifle, and one shotgun per person
  • most other personal possessions
 
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