Increases in Farm Debt Leads to More Chapter 12 Bankruptcy Filings

As we continue to move through recovery from the peak of coronavirus outbreaks, farmers are still facing the same financial troubles they have had since the establishment of the Family Farmer Relief Act of 2019. For family farmers and fishers, this act expanded the eligibility and debt limits for Chapter 12 bankruptcy cases, a chapter

COVID-19 Federal Aid for Farms and Chapter 12 Bankruptcy News

For many reasons, farmers across the United States frequently struggle financially. Not only is it difficult, especially given our country’s current economic difficulties, to generate a profit from a family-owned farm, but also American farms often incur much debt from the purchase of equipment and the payment of property taxes. Fortunately, the government is aware

Chapter 12 Bankruptcy for Farmers Affected by COVID-19 Shutdowns

As we continue to move through the devastation of the novel coronavirus outbreak, more and more public gatherings and store fronts are closing down operations. While there are many business owners severely affected by this outbreak, farmers and fishers might be looking at even more long-term negative effects than any type of retail operations. The

Chapter 12 Bankruptcy for Farmers Affected by COVID-19 Shutdowns

As we continue to move through the devastation of the novel coronavirus outbreak, more and more public gatherings and store fronts are closing down operations. While there are many business owners severely affected by this outbreak, farmers and fishers might be looking at even more long-term negative effects than any type of retail operations.  

Farms and Other Local Midwest Food Suppliers File for Chapter 12 Bankruptcy in Mankato, MN

Farming is a notoriously difficult profession even with the knowledge, tools, and power agriculturalists have access to today. Throughout the ages, farmers have faced challenges with the weather, soil conditions, seed fertility, plant diseases, pests, economy crashes, and many other variables. With all the hardships farmers face, it’s incredible there are so many strong people

Qualifying as a Family Farmer or Fisher to File for Chapter 12 Debt Repayment Bankruptcy in Owatonna, MN

Agricultural industries in the U.S. have changed dramatically over the last fifty years, developing to meet the needs of a growing population and global market while battling many other obstacles. Today’s agricultural industrial complex is equipped to provide abundant food year-round to virtually every community, but because of its structure, it has also made it