In Iowa, several laws protect consumers. One law is the Iowa Debt Collection Practices Act, which applies to creditors, debt collectors, and collection agencies and prohibits them from engaging in deceptive and abusive collection tactics. The other one is the Iowa Consumer Credit Code, which prohibits creditors from engaging in abusive collection practices.
Bankruptcy Basics for Individuals
For those facing debt that they are unable to repay, bankruptcy can provide a fresh start.