Iowa

Iowa is the center of America. Iowa has a diverse economy based on advanced manufacturing, processing, financial services, information technology, biotechnology, and green energy production. Iowa is ranked #30 for population and #34 for population density.

As of 2018, over 3.1 million people called Iowa home. Des Moines is the largest city in Iowa.

Pacific Debt offers a FREE Consultation to anyone looking at debt settlement options. Our Iowa Debt Relief Program is designed to try to get you out of debt in two to four years.

As a general rule:

Is Iowa a Community Property State?

Unfortunately, Iowa is not a community property state. Therefore your assets are not seen as equally owned by you and your spouse. Currently, there are only 10 states that are community property states. In the state of Iowa, the judge will decide which assets are shared by you and your spouse, and what the equity is for each.

There are 10 community property states in which the state sees your assets as community property are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin.

Income

The median state income is $56,247. As of 2018, the minimum wage is $7.25 per hour. Unfortunately, 14.4% of Iowan children under 18 live in poverty. For residents overall, 11.8% of all people in Iowa live under the poverty level.

  • Median state income: $56,247
  • Minimum wage: $7.25/hour
  • Children in poverty: 14.4%
  • People in poverty: 11.8%

Iowa Homeowners


More than half (70%) of Iowans hold a mortgage. The median home price in Iowa is $138,600 (2018). Of course, that median price depends on the location with some areas being much higher.

  • Homeowner rate: 70%
  • Median home price: $138,600

Employment in Iowa

Iowa has a current unemployment rate of 2.9%. However, the underemployment rate is 7.2%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.

If this is you, we can help. Pacific Debt offers Iowa debt relief solutions tailored to your unique situation and budget. Our certified counselors help you work up a budget and explain your options.

  • Unemployment: 2.9% (2018)
  • Underemployment: 7.2% (2017)

Iowa Debt

Iowans carry a lot of debt. The average credit card debt is $6,696 (2018). The average student loan debt is $29,435. Iowa is in the top 10 states with lowest average mortgage debt. When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for Iowans to get into debt.

  • Avg credit card debt: $6,696 (2018)
  • Avg mortgage debt: $130,242 (2017)
  • Avg student loan debt: $29,435 (2017)

Iowa Statute of Limitations

Iowa’s statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.

For debts taken out in Iowa, the following are the statutes of limitations for different types of debt.

  • Oral agreements: 5 years
  • Written contracts: 10 years
  • Promissory notes: 10 years
  • Credit cards and other revolving loans: 10 years

Iowa Debt Relief & Debt Consolidation

If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt and learn to live debt free. Since 2002, we’ve settled over $200 million in debt for thousands of clients. We are a nationally top-ranked debt relief company located in San Diego.

We will help you work through our proven and comprehensive debt relief program. Your certified debt relief counselor will review all your options. If debt settlement is right for you, we move forward with our debt consolidation program and work to save you money. Pacific Debt can help with most unsecured debt like credit cards, personal loans, medical bills, and repossessions.

It is not an easy process and it won’t happen overnight, but you can do it. Pacific Debt will be there every step of the way to help.

Debt Collection Laws

Iowans are protected against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the Iowa Fair Debt Collection Practices Act (IFDCPA) adds protections against more types of collectors and actions. If you are a victim of any of these actions, you may take legal action against them.

Overall, debt collectors can NOT:

  • Charges more than 10% interest
  • Garnish more than 25% of wages
  • Use/threaten physical force or criminal tactics to harm you, your property, or your reputation
  • Accusing you of committing a crime for not paying the debt
  • Make/threaten to make defamatory statements to someone else
  • Threaten arrest, to seize assets, or garnish wages unless actually planning to take such action
  • Use obscene or profane language
  • Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
  • Call you repeatedly or let your phone ring repeatedly
  • Call frequently
  • Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
  • Reveal information about the debt to anyone except your spouse or your parents if a minor.
  • Publicly publish your name for failing to pay
  • Send a postcard or letter with revealing information on the envelope
  • Claim to be someone other than a debt collector, including a governmental official
  • Use stationary that appears to be from a law firm
  • Charge you collection or attorney’s fees unless legally allowable
  • Threaten to report you to a credit reporting agency if they have no intention of doing so
  • Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is

Debt collectors must:

  • Disclose caller identification
  • May contact your family to locate you
  • Must serve you with notice of a lawsuit if suing you

Bankruptcy Court Information

Bankruptcy is a legal action that can erase most of your debt as well as your credit history. It is not an action to take lightly. If you do, you must follow the following steps in Iowa.

Persons filing for bankruptcy must:

  • Complete credit counseling within six months before filing for bankruptcy.
  • Complete a financial management instructional course after filing bankruptcy.
  • Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
  • Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
  • Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
  • File for bankruptcy
      • Chapter 7 bankruptcy fee is $306
      • Chapter 13 bankruptcy fee is $281
  • Meet with court assigned bankruptcy trustee
  • Attend a Meeting of Creditors
  • Confirm plan if filing for Chapter 13 bankruptcy

DISCLAIMER: We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your state.

Iowa Better Business Bureau

Pacific Debt is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 customer reviews with the BBB.

Iowa Debt Relief Reviews

by Dee S.
I am currently in the first stage of…
I am currently in the first stage of the program and so far it has been a great experience. Everyone I have talked to has been very professional and empathetic to our situation. I can only hope that the rest of this process goes as well and I can be free of debt with no regrets.
by Customer
I have had a great experience so far
I have had a great experience so far. I would recommend this company to help take control of your finances.
by Rich H
New Begining
If you are thinking there is no end in sight and seeing half of your monthly payments going in their bank while the only means for daily needs is another swipe digging the hole deeper. Do yourself a favor do your homework than call Pacific Debt. and listen to your wayout. They work with you so you can see an end and in good time so you realize the sooner you start you can countdown to the new beginning.

Iowa Cities Served by Pacific Debt

Ackley
Ackworth
Adair
Adel
Afton
Agency
Ainsworth
Akron
Albert City
Albia
Albion
Alburnett
Alden
Alexander
Algona
Alleman
Allerton
Allison
Alta
Alta Vista
Alton
Altoona
Alvord
Ames
Anamosa
Andover
Andrew
Anita
Ankeny
Anthon
Aplington
Arcadia
Archer
Aredale
Arion
Arispe
Arlington
Armstrong
Arnolds Park
Arthur
Asbury
Ashton
Aspinwall
Atalissa
Athelstan
Atkins
Atlantic
Auburn
Audubon
Aurelia
Aurora
Avoca
Ayrshire
Badger
Bagley
Baldwin
Balltown
Bancroft
Bankston
Barnes City
Barnum
Bassett
Batavia
Battle Creek
Baxter
Bayard
Beacon
Beaconsfield
Beaman
Beaver
Bedford
Belle Plaine
Bellevue
Belmond
Bennett
Benton
Berkley
Bernard
Bertram
Bettendorf
Bevington
Birmingham
Blairsburg
Blairstown
Blakesburg
Blanchard
Blencoe
Blockton
Bloomfield
Blue Grass
Bode
Bonaparte
Bondurant
Boone
Bouton
Boxholm
Boyden
Braddyville
Bradgate
Brandon
Brayton
Breda
Bridgewater
Brighton
Bristow
Britt
Bronson
Brooklyn
Brunsville
Buckeye
Buck Grove
Buffalo
Buffalo Center
Burlington
Burt
Bussey
Calamus
Callender
Calmar
Calumet
Camanche
Cambridge
Cantril
Carbon
Carlisle
Carpenter
Carroll
Carson
Carter Lake
Cascade
Casey
Castalia
Castana
Cedar Falls
Cedar Rapids
Center Junction
Center Point
Centerville
Central City
Centralia
Chariton
Charles City
Charlotte
Charter Oak
Chatsworth
Chelsea
Cherokee
Chester
Chillicothe
Churdan
Cincinnati
Clare
Clarence
Clarinda
Clarion
Clarksville
Clayton
Clearfield
Clear Lake
Cleghorn
Clemons
Clermont
Clinton
Clio
Clive
Clutier
Coalville
Coburg
Coggon
Coin
Colesburg
Colfax
College Springs
Collins
Colo
Columbus City
Columbus Junction
Colwell
Conesville
Conrad
Conway
Coon Rapids
Coppock
Coralville
Corning
Correctionville
Corwith
Corydon
Cotter
Coulter
Council Bluffs
Craig
Crawfordsville
Crescent
Cresco
Creston
Cromwell
Crystal Lake
Cumberland
Cumming
Curlew
Cushing
Cylinder
Dakota City
Dallas Center
Dana
Danbury
Danville
Davenport
Davis City
Dawson
Dayton
Decatur City
Decorah
Dedham
Deep River
Defiance
Delaware
Delhi
Delmar
Deloit
Delphos
Delta
Denison
Denver
Derby
Des Moines
De Soto
De Witt
Dexter
Diagonal
Dickens
Dike
Dixon
Dolliver
Donahue
Donnellson
Doon
Douds
Dougherty
Dow City
Dows
Drakesville
Dubuque
Dumont
Duncombe
Dundee
Dunkerton
Dunlap
Durango
Durant
Dyersville
Dysart
Eagle Grove
Earlham
Earling
Earlville
Early
East Peru
Eddyville
Edgewood
Elberon
Eldon
Eldora
Eldridge
Elgin
Elkader
Elkhart
Elk Horn
Elkport
Elk Run Heights
Elliott
Ellston
Ellsworth
Elma
Ely
Emerson
Emmetsburg
Epworth
Essex
Estherville
Evansdale
Everly
Exira
Exline
Fairbank
Fairfax
Fairfield
Farley
Farmersburg
Farmington
Farnhamville
Farragut
Fayette
Fenton
Ferguson
Fertile
Floris
Floyd
Fonda
Fontanelle
Forest City
Fort Atkinson
Fort Dodge
Fort Madison
Fostoria
Franklin
Fraser
Fredericksburg
Frederika
Fredonia
Fremont
Fruitland
Galt
Galva
Garber
Garden Grove
Garnavillo
Garner
Garrison
Garwin
Geneva
George
Gibson
Gilbert
Gilbertville
Gillett Grove
Gilman
Gilmore City
Gladbrook
Glenwood
Glidden
Goldfield
Goodell
Goose Lake
Gowrie
Graettinger
Graf
Grafton
Grand Junction
Grand Mound
Grand River
Grandview
Granger
Grant
Granville
Gravity
Gray
Greeley
Greene
Greenfield
Greenville
Grimes
Grinnell
Griswold
Grundy Center
Gruver
Guernsey
Guthrie Center
Guttenberg
Halbur
Hamburg
Hamilton
Hampton
Hancock
Hanlontown
Hansell
Harcourt
Hardy
Harlan
Harper
Harpers Ferry
Harris
Hartford
Hartley
Hartwick
Harvey
Hastings
Havelock
Haverhill
Hawarden
Hawkeye
Hayesville
Hazleton
Hedrick
Henderson
Hepburn
Hiawatha
Hills
Hillsboro
Hinton
Holland
Holstein
Holy Cross
Hopkinton
Hornick
Hospers
Houghton
Hubbard
Hudson
Hull
Humboldt
Humeston
Huxley
Ida Grove
Imogene
Independence
Indianola
Inwood
Ionia
Iowa City
Iowa Falls
Ireton
Irwin
Jackson Junction
Jamaica
Janesville
Jefferson
Jesup
Jewell Junction
Johnston
Joice
Jolley
Kalona
Kamrar
Kanawha
Kellerton
Kelley
Kellogg
Kensett
Kent
Keokuk
Keomah Village
Keosauqua
Keota
Keswick
Keystone
Kimballton
Kingsley
Kinross
Kirkman
Kirkville
Kiron
Klemme
Knierim
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Lacona
Ladora
Lake City
Lake Mills
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Lakeside
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Lamoni
Lamont
La Motte
Lanesboro
Lansing
La Porte City
Larchwood
Larrabee
Latimer
Laurel
Laurens
Lawler
Lawton
Leando
Le Claire
Ledyard
Le Grand
Lehigh
Leighton
Leland
Le Mars
Lenox
Leon
Le Roy
Lester
Letts
Lewis
Libertyville
Lidderdale
Lime Springs
Lincoln
Linden
Lineville
Linn Grove
Lisbon
Liscomb
Littleport
Little Rock
Little Sioux
Livermore
Lockridge
Logan
Lohrville
Lone Rock
Lone Tree
Long Grove
Lorimor
Lost Nation
Lovilia
Lowden
Low Moor
Luana
Lucas
Luther
Lu Verne
Luxemburg
Luzerne
Lynnville
Lytton
McCallsburg
McCausland
McClelland
Macedonia
McGregor
McIntire
Macksburg
Madrid
Magnolia
Malcom
Mallard
Maloy
Malvern
Manchester
Manilla
Manly
Manning
Manson
Mapleton
Maquoketa
Marathon
Marble Rock
Marcus
Marengo
Marion
Marne
Marquette
Marshalltown
Martelle
Martensdale
Martinsburg
Marysville
Mason City
Masonville
Massena
Matlock
Maurice
Maxwell
Maynard
Maysville
Mechanicsville
Mediapolis
Melbourne
Melcher-Dallas
Melrose
Melvin
Menlo
Meriden
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Meservey
Middletown
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Millerton
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Milton
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Minden
Mingo
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Mitchell
Mitchellville
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Montezuma
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Montour
Montrose
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Moorland
Moravia
Morley
Morning Sun
Morrison
Moulton
Mount Auburn
Mount Ayr
Mount Pleasant
Mount Sterling
Mount Union
Mount Vernon
Moville
Murray
Muscatine
Mystic
Nashua
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Newell
Newhall
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New Hartford
New Liberty
New London
New Market
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New Sharon
Newton
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New Virginia
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Northwood
Norwalk
Norway
Numa
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Oakland Acres
Oakville
Ocheyedan
Odebolt
Oelwein
Ogden
Okoboji
Olds
Olin
Ollie
Onawa
Onslow
Orange City
Orchard
Orient
Orleans
Osage
Osceola
Oskaloosa
Ossian
Osterdock
Otho
Oto
Ottosen
Ottumwa
Owasa
Oxford
Oxford Junction
Oyens
Pacific Junction
Packwood
Palmer
Palo
Panama
Panora
Panorama Park
Parkersburg
Park View
Parnell
Paton
Patterson
Paullina
Pella
Peosta
Perry
Persia
Peterson
Pierson
Pilot Mound
Pioneer
Pisgah
Plainfield
Plano
Pleasant Hill
Pleasanton
Pleasant Plain
Pleasantville
Plover
Plymouth
Pocahontas
Polk City
Pomeroy
Popejoy
Portsmouth
Postville
Prairieburg
Prairie City
Prescott
Preston
Primghar
Princeton
Promise City
Protivin
Pulaski
Quasqueton
Quimby
Radcliffe
Rake
Ralston
Randalia
Randall
Randolph
Rathbun
Raymond
Readlyn
Reasnor
Redding
Redfield
Red Oak
Reinbeck
Rembrandt
Remsen
Renwick
Rhodes
Riceville
Richland
Rickardsville
Ricketts
Ridgeway
Rinard
Ringsted
Rippey
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Riverton
Robins
Rock Falls
Rockford
Rock Rapids
Rock Valley
Rockwell
Rockwell City
Rodman
Rodney
Roland
Rolfe
Rome
Rose Hill
Rossie
Rowan
Rowley
Royal
Rudd
Runnells
Russell
Ruthven
Rutland
Ryan
Sabula
Sac City
Sageville
St. Ansgar
St. Anthony
St. Charles
St. Donatus
St. Lucas
St. Marys
St. Olaf
St. Paul
Salem
Salix
Sanborn
Sandyville
Saylorville
Scarville
Schaller
Schleswig
Scranton
Searsboro
Sergeant Bluff
Seymour
Shambaugh
Shannon City
Sharpsburg
Sheffield
Shelby
Sheldahl
Sheldon
Shell Rock
Shellsburg
Shenandoah
Sherrill
Shueyville
Sibley
Sidney
Sigourney
Silver City
Sioux Center
Sioux City
Sioux Rapids
Slater
Sloan
Smithland
Soldier
Solon
Somers
South English
Spencer
Spillville
Spirit Lake
Spragueville
Springbrook
Spring Hill
Springville
Stacyville
Stanhope
Stanley
Stanton
Stanwood
State Center
Steamboat Rock
Stockport
Stockton
Storm Lake
Story City
Stout
Stratford
Strawberry Point
Struble
Stuart
Sully
Sumner
Superior
Sutherland
Swaledale
Swan
Swea City
Swisher
Tabor
Tama
Templeton
Tennant
Terril
Thayer
Thompson
Thor
Thornburg
Thornton
Thurman
Tiffin
Tingley
Tipton
Titonka
Toledo
Toronto
Traer
Treynor
Tripoli
Truesdale
Truro
Turin
Udell
Underwood
Union
Unionville
University Heights
University Park
Urbana
Urbandale
Ute
Vail
Valeria
Van Horne
Van Meter
Van Wert
Varina
Ventura
Victor
Villisca
Vincent
Vining
Vinton
Volga
Wadena
Wahpeton
Walcott
Walford
Walker
Wallingford
Wall Lake
Walnut
Wapello
Washington
Washta
Waterloo
Waterville
Waucoma
Waukee
Waukon
Waverly
Wayland
Webb
Webster
Webster City
Weldon
Wellman
Wellsburg
Welton
Wesley
West Bend
West Branch
West Burlington
West Chester
West Des Moines
Westfield
Westgate
West Liberty
West Okoboji
Westphalia
West Point
Westside
West Union
Westwood
What Cheer
Wheatland
Whiting
Whittemore
Whitten
Willey
Williams
Williamsburg
Williamson
Wilton
Windsor Heights
Winfield
Winterset
Winthrop
Wiota
Woden
Woodbine
Woodburn
Woodward
Woolstock
Worthington
Wyoming
Yale
Yetter
Yorktown
Zearing
Zwingle

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