Archive for January, 2022


Chapter 12 Bankruptcy Rules of Engagement: Farming Operation or Not?

Posted on: January 31st, 2022 by Kate Langworthy, ABLS Blog Contributor

Relief for Farmers Prior to 1986, a debtor intending to reorganize debts had two options for filing for bankruptcy: Chapter 11 or Chapter 13. Unfortunately, neither option was particularly well suited for family farmers. Chapter 11 provided a complicated and expensive route to relief, while Chapter 13 lent itself to reorganizing debt loads much lower […]

Collection of Lawsuit Attorney Fees in Iowa

Posted on: January 14th, 2022 by Michael A. Morris, ABLS Blog Contributor

Attorneys’ fees can be significantly expensive for a party in a lawsuit, and often those fees cannot be recovered by the plaintiff even after winning a judgment. Many parties to a transaction will wisely include a provision in their contract stating that if a judgment is recovered with respect to the agreement then the prevailing […]