Home >

Family Farmer

A chapter 12 bankruptcy is specifically designed for family farmers and family fishermen, allowing them to repay their debts over time. Though family farmers and fishermen may choose to file bankruptcy under a different chapter, they do have the option to file under chapter 12 if it meets their needs. According to the bankruptcy code, the definition of family farmer is quite broad and may refer to an individual, corporation, or business entity whose income primarily arises from a farming operation that is family owned. In order to qualify for a chapter 12 filing, a family farmer must have a regular income, and this income must be used to make plan payments in order to pay off their creditors. If the court finds that the family farmer will be able to make their proposed payments, then the chapter 12 filing will be approved.

Fast Facts

  • From October 1, 2004 through September 30 2005, bankruptcy filings rose 10%.
  • Total bankruptcy filings for June2009 were 124,800.

Talk to a Lawyer

Enter a zip code to speak to a Lawyer that serves your area.

Find a Lawyer

Select the type of Lawyer you need

family farmer - Lawyers, Articles and Q&A

Search Results for "family farmer"

Articles

Results 1-5 of 28 for "family farmer"

  • Bankruptcy Forms

    Any debtor filing for bankruptcy must file the official bankruptcy forms supplied by the Administrative Office...
    • Site: lawfirms.com

  • Chapter 12 Bankruptcy

      Family Farmer & Fisher Bankruptcy
    • Site: bankruptcylawfirms.com

  • Getting Help With Bankruptcy

    Congress enacted the Bankruptcy Code in 1978 to help individuals or businesses that have fallen on hard financ...
    • Site: filingforbankruptcyonline.com

  • Bankruptcy Law: Codes and Procedures

    The United States Constitution authorized Congress to enact Bankruptcy laws.  Congress enacted the ...
    • Site: lawfirms.com

  • Is Bankruptcy Right for You?

    Bankruptcy is something that should be consulted about with a trained professional before deciding.   A compet...
    • Site: filingforbankruptcyonline.com

Q&A

Results 1-5 of 2094 for "family farmer"

From Around the Web

Results 1-2 of 2 for "family farmer"

PAID ATTORNEY ADVERTISEMENT: This Web site is used as an advertising platform for attorneys. It is not a lawyer referral service or prepaid legal services plan. ExpertHub, Inc. is not a law firm. The sole basis for the inclusion of the participating lawyers or law firms is the payment of a fee for practice areas and geographical advertising rights. ExpertHub, Inc. does not endorse or recommend any lawyer or law firm who participates in the network. ExpertHub Inc’s websites operate 24 hours a day, and a visitor can submit their case at any time to find a lawyer, and will never be charged to use the service. The information contained herein is not legal advice. All case evaluations are performed by an attorney or law firm. Any information provided to ExpertHub, Inc. may not be protected by the attorney-client privilege. ExpertHub, Inc. is located at 7031 Koll Center Parkway, Suite 260, Pleasanton, California 94566.

Terms and Conditions | Privacy Policy

LA-WS5:0.7.14.100803.9563