Iowa Developer Faces $17M Debt Fallout | Des Moines News

Iowa developer Jeff Ewing, facing over $17 million in debt from his stalled retirement community, gambled on bankruptcy—but missed deadlines and allegedly hid $400K in transfers to his businesses, triggering federal scrutiny. Now, after his initial filing was dismissed and a second attempt blocked by the DOJ, Ewing’s creditors have a direct path to recover their losses as he’s forced to shoulder $17.7 million in qualifying debts once the bankruptcy closes. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a2d61ba262804e5b