# Iowa Code § 537.1107: Waiver — agreement — settlement

> Iowa · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1107

## Section

- **Citation:** Iowa Code § 537.1107
- **Heading:** Waiver — agreement — settlement
- **Jurisdiction:** Iowa
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** IA Code / Title XIII / Chapter 537 / Section 537.1107

## Text

(1) Except in settlement of a bona fide dispute, a consumer may not waive or agree to forego rights or benefits under this chapter.

(2) A claim by a consumer against a creditor relating to an excess charge, any other civil violation of this chapter, or a civil penalty, or a claim by a creditor against a consumer for default or breach of a civil duty imposed by this chapter, may be settled by agreement if the claim is disputed in good faith.

(3) A claim against a consumer, whether or not disputed, may be settled for less value than the amount claimed.

(4) A settlement in which the consumer waives or agrees to forego rights or benefits under this chapter is invalid if the court as a matter of law finds the settlement to have been unconscionable at the time it was made. The competence of the consumer, any deception or coercion practiced upon the consumer, the nature and extent of the legal advice received by the consumer, and the value of the consideration may be considered, among other factors, with respect to the issue of unconscionability.

[C75, 77, 79, 81, §537.1107]2022 Acts, ch 1021, §155

## Nearby sections

- [Iowa Code § 537.1101 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1101.md)
- [Iowa Code § 537.1102 Purposes — rules of construction.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1102.md)
- [Iowa Code § 537.1103 Law applicable.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1103.md)
- [Iowa Code § 537.1104 Construction.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1104.md)
- [Iowa Code § 537.1107 Waiver — agreement — settlement.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1107.md)
- [Iowa Code § 537.1108 Effect on organizations.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1108.md)
- [Iowa Code § 537.1110 Obligation of good faith.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1110.md)
- [Iowa Code § 537.1201 Territorial application.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1201.md)
- [Iowa Code § 537.1202 Exclusions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1202.md)
- [Iowa Code § 537.1203 Jurisdiction — service of process.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1203.md)
- [Iowa Code § 537.1301 General definitions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1301.md)
- [Iowa Code § 537.1302 Definition Truth in Lending Act.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1302.md)
- [Iowa Code § 537.1303 Other defined terms.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1303.md)
- [Iowa Code § 537.2101 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.2101.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C537_S537.1107. Check the current official text before relying on it. Not legal advice.