Iowa Statute of Limitations on Debt Collection
Open account: 5 years from last charge, payment, or admission of
debt in writing. Unwritten contracts: 5 years from breach.
Written contracts: 10 years from breach.
Demand note: 10 years from date of note.
Judgments: 20 years. However, an action brought on a judgment
after nine years but not more than ten years can be brought to
renew the judgment.
NOTE: Deficiency judgments on most residential foreclosures, and
judgments on mortgage notes are without value two years from date