44 underneath the ICCC, debtors have actually 20 times to cure a standard before a creditor can institute appropriate procedures, including self-help repossession of security. Iowa Code §§ 537.5110, 537.5111. It could be ludicrous to declare that the failure to cure within that right time could produce an inference that the debtor never designed to repay the mortgage, and knew he could never, hence justifying a fee for theft by deception. The failure to create a check-loan good after notice may be the practical exact carbon copy of the right that is standard cure with regards to other designs of credit rating transactions. payday loans in Iowa ( The distinction is the fact that the danger of unlawful prosecution may haunt the defaulting cash advance debtor’s head. )
45 See Sec. LB, above.