Changes to Iowa Bankruptcy Laws 2021
Bankruptcy is a legal process designed to help individuals or corporations restructure their debts. Read the full article here: https://www.oflaherty-law.com/learn-about-law/recent-changes-to-iowa-bankruptcy-law
There are different types of bankruptcy proceedings, the most common types occurring under Chapter 7 and Chapter 13 of the Bankruptcy Code. This is a big decision and before deciding to file for bankruptcy, you should consider all of your options.
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As of December 2020, the Consolidated Appropriations Act of 2021 (the “Act”) was enacted, which temporarily modified several sections of the Bankruptcy Code. In this article we discuss these recent changes to bankruptcy law including: Changes to Obtaining Credit 2021, Changes to the Deadline for Performance of Obligations 2021, Changes to Non-Residential Leases 2021, Changes to Utility Service 2021, Changes to Discriminatory Treatment Protections 2021, Changes to Property of the Estate 2021 and Changes to Bankruptcy Preferences 2021
