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Month: July 2022

Does my farm qualify for chapter 12?

On Behalf of Gleichenhaus, Marchese & Weishaar, P.C. | Jul 15, 2022 | Bankruptcy

Chapter 12 bankruptcy is a way for family farmers to restructure their debt over three to five years. The goal of chapter 12 is to streamline the repayment process and avoid the costs associated with chapter 11. However, to qualify for chapter 12, farmers must meet...