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Family Farmer & Fisher Bankruptcy
Chapter 12 bankruptcy of the Bankruptcy Code was enacted by Congress in 1986 and updated in 2005, specifically to meet the needs of financially distressed family farmers & family fishermen. The primary purpose of this legislation was to give family farmers facing bankruptcy a chance to reorganize their debts and keep their farms.
Under the new Bankruptcy Act of 2005, credit counseling may be required or other options may be required, Contact a Chapter 12 Bankruptcy Lawyer to find out all your legal options and rights
Under Chapter 12 – Like chapter 13, but it is only for family farmers and family fishermen.
Types of Chapter 12 Litigants:
- Corporation
- Partnership
- Joint Petition
- Individual Petitions
Contact a Chapter 12 Bankruptcy Lawyer to find out all your legal options and rights
Bankruptcy Law Is A Federal Law. This Sheet Gives You Some General Information About What Happens In A Bankruptcy Case. The Information Here Is Not Complete. You May Need Legal Advice.
Content Related to Topic
- Chapter 12 of the Bankruptcy Code
Between 20 to 35 days after the petition is filed, the chapter 12 trustee will hold a
- Western District Of Wisconsin Chapter 12 Plan
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- Georgia Bankruptcy Law Offices Have To Pay Close Attention TO The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
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- Highlights Of Business Bankruptcy Reforms And Its benefits To Chapter 12 Bankruptcy
The Benefits Of Business Bankruptcy Reform To Chapter 12 Laws
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