Officials with the U-S Department of Justice report an Iowa man, Jeffrey Garth Ewing, has agreed to waive his bankruptcy discharge of more than $17.7 million in debts, after an investigation by the Department of Justice’s U.S. Trustee Program (USTP). The USTP’s investigation found that Ewing had transferred nearly $400,000 to companies he controlled to shield the funds from his creditors.
On June 15, the Bankruptcy Court for the Southern District of Iowa approved Ewing’s voluntary waiver. As a result, Ewing remains liable for his debts and creditors are free to pursue payment from him after the case is closed. Acting U.S. Trustee Mary Jensen of Region 12, which includes the Southern District of Iowa, said in a press release, “Debtors who seek to defraud their creditors also attack the integrity of the bankruptcy system. The USTP remains vigilant to keep the system strong and fair.”
Ewing developed housing communities for older adults throughout the Midwest. In March 2024, Ewing and his wife filed chapter 11 reorganization cases on behalf of themselves as well as several of their businesses, but the bankruptcy cases were dismissed a month later for failure to file required bankruptcy documents.
In January 2025, Ewing and his wife filed a chapter 7 liquidation case. Ewing claimed that the couple had loaned nearly $400,000 to three of their businesses after the chapter 11 dismissals but before the chapter 7 filing. However, an investigation by the USTP’s Des Moines, Iowa, office found evidence that Ewing had transferred the funds to hide them from his creditors between the bankruptcy filings. The loans had no documentation except in one instance that relied on a promissory note that Ewing admitted to backdating. Ewing also asserted that the couple’s adult children owned two of the companies but the USTP’s investigation found that Ewing maintained control of the businesses’ finances.
The USTP’s mission is to promote the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders — debtors, creditors and the public. The USTP consists of 21 regions with 82 field offices nationwide and an Executive Office in Washington, D.C. Learn more about the USTP at www.justice.gov/ust.
