The holiday season is a time for celebration, tradition and togetherness. However, for parents who share joint custody of their children, it can also be a time of added complexity and potential challenges. Joint custody arrangements, where both parents play an active...
Year: 2023
What is Chapter 12 bankruptcy?
If you own a farm and face financial turmoil, you might feel overwhelmed and unsure of how to proceed. In these cases, one solution that might offer you a lifeline is Chapter 12 bankruptcy. Chapter 12 bankruptcy, established by Congress in 1986, provides a solution...
Do farmers file Chapter 12 bankruptcy as individuals?
Individuals and businesses can file for bankruptcy. However, the requirements are different depending on your situation. What does that mean if you are the individual owner of a small farm? Consider the requirements for filing a Chapter 12 in New York. What is a...
Strategies that help farmers avoid bankruptcy
Running a farm comes with enormous challenges. There exists a significant risk of even the best enterprise collapsing. Those that fall into trouble typically face bankruptcy. Wise strategies help mitigate the prospect of this becoming a reality. Make smart buys While...