Tag Archives: Farmers

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, […]