If you have a $55,000 default judgment with respect to an Iowa lawsuit and do not know where to go from there, I suggest that you contact the county bar association where the lawsuit is filed and ask for three (3) to four (4) referrals as to attorneys that do debt collection work. From there you can interview the attorneys and decide how you want to proceed. You will need to file an abstract of judgment and record such and then begin the levy process.The $55,000 judgment will accrue interest on it from the time of entry of the judgment.