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Chapter 12 Bankruptcy For Farmers And Fishermen

Chapter 12 Bankruptcy For Farmers And Fishermen

Chapter 12 Bankruptcy For Farmers And Fishermen Chapter 12 bankruptcy is a relatively new addition to bankruptcy laws. It allows “family farmers” and “family fisherman” to restructure their finances and avoid liquidation or foreclosure. It’s very similar to Chapter 13 bankruptcy, but provides additional benefits to debtors. For much of our nation’s history, there were… Continue reading Chapter 12 Bankruptcy For Farmers And Fishermen

Bankruptcy Chapter 13

Bankruptcy Chapter 13

Bankruptcy Chapter 13 Bankruptcy is a federal court process designed to eliminate debts or repay them under the protection of the bankruptcy court. For individuals, most people file either Chapter 7 or Chapter 13, because a court order can call an automatic stay, prohibiting most creditors from hounding you in order to collect what you… Continue reading Bankruptcy Chapter 13