Tag Archives: Chapter 12

Chapter 12 Bankrutptcy

A Chapter 12 Bankruptcy provides a means for financially distressed family farmers, or fisherman, to propose a plan to repay all or part of their debts. Eligibility for Chapter 12 is limited to “family farmers” or “family fishermen” with “regular annual income.” Chapter 12 has some similarities to Chapter 13, however it is more flexible, […]

What Chapter Bankruptcy should I File?

What types of bankruptcy are available. Different sections of the bankruptcy code are referred to as “chapters.” The chapter you file under has a major impact on how the case proceeds, and what can be accomplished. Individuals usually file either Chapter 7, sometimes called “straight bankruptcy” or Chapter 13, which involves a payment plan. Farmers […]