MIDAMERICA SAV. BANK v. MIEHE

No. 88-391.

438 N.W.2d 837 (1989)

MIDAMERICA SAVINGS BANK f/k/a Home Savings and Loan Association, Appellee, v. Ronald W. MIEHE, Appellant.

Supreme Court of Iowa.

Rehearing Denied May 12, 1989.


Attorney(s) appearing for the Case

Larry F. Woods, Oelwein, for appellant.

Jon Fister of Beecher, Beecher, Holmes & Rathert, Waterloo, for appellee.

Considered by HARRIS, P.J., and LARSON, CARTER, NEUMAN, and SNELL, JJ.


CARTER, Justice.

Defendant, Ronald W. Miehe, appeals from an order denying his contention that a personal bank account consisted of personal earnings exempt from garnishment under Iowa Code section 642.21 (1987). After considering the arguments of the parties, we reverse the order of the district court and remand the dispute to that court for further proceedings.

Miehe purchased a home in 1981 in a transaction in which he assumed the existing mortgage obligation...

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