Q: Can a trustee in a chapter 7 bankruptcy take a structured settlement from a wrongful death? I live off of those payments
A:
A quick check indicates that Iowa does NOT recognize the federal bankruptcy exemptions, so you'd be subject to the Iowa state statutes for any exempt property.
I strongly recommend that you speak with an experienced Iowa attorney to determine the nature and extent of exempt property when in bankruptcy.
You can start by using google to find exemptions in bankruptcy under the Iowa statutes.
Timothy Denison agrees with this answer
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