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Facts - Books - News    U.S. Facts Of Law:

Chapter 12 Bankruptcy

Chapter 12 bankruptcy is similar to chapter 13 bankruptcy except that it applies to farmers, ranchers and fisheries including organic growers, poultry farmers and other types of farm operations.  It also allows for a larger amount of debt to be serviced.

Under chapter 12 bankruptcy debts and payments are reorganized and filing is less complicated and less expensive than using chapter 11 which is better suited to large corporations.

In chapter 12 bankruptcy a trustee is appointed to monitor the debtor's farm operations and receive payments until the case is finalized.


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Chapter 12 Bankruptcy News
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Southwest Michigan Farming/trucking Firm Files For Chapter 12 Bankruptcy MiBiz
MiBiz Southwest Michigan farming/trucking firm files for Chapter 12 bankruptcy MiBiz NILES A family farming and trucking operation in Southwest Michigan is restructuring its finances through Chapter 12 bankruptcy protection, according to a filing Wednesday in the U.S. Bankruptcy Court for the Western District of Michigan. Minisee

Senate Bill Would Provide Tax Relief For Bankrupt Farmers DTN The Progressiv...
Senate Bill Would Provide Tax Relief for Bankrupt Farmers DTN The Progressive Farmer registration blog Chapter 12 of the Bankruptcy Code is designed to protect family farmers and family fishermen with a regular income. The debtors are afforded protection from creditors while they make payments under a plan to repay all or a portion of their debts over a

Gymboree Files Bankruptcy, Closing Up To 450 Stores USA TODAY
USA TODAY Gymboree files bankruptcy, closing up to 450 stores USA TODAY Gymboree said it plans to remain in business but will close 375 to 450 of its 1,281 stores in filing for a Chapter 11 bankruptcy reorganization. Gymboree employs more than 11,000 people, including 10,500 hourly workers. The bankruptcy was widely Gymboree files for Chapter 11 bankruptcy CFO leaves retailerCNBC Gymboree files for bankruptcy, will close 375 stores in chapter 11 restructuringThe Denver Post Retailer Gymboree files for bankruptcy, to close up to 450 storesMilwaukee Journal Sentinel Fortune Forbes Washington Business Journal all 98 news articles raquo

Badgerow Building Developer Files For Bankruptcy Sioux City Journal
Sioux City Journal Badgerow Building developer files for bankruptcy Sioux City Journal based Mako One Corp., its managing partner Bruce DeBolt and two associated limited liability corporations defaulted on a 6 million bond agreement to help finance work to renovate and redevelop the 12 story structure. At the time, the bank says it is

Big KC Manufacturer Files For Bankruptcy Kansas City Business Journal
Big KC manufacturer files for bankruptcy Kansas City Business Journal Kansas City based CST Industries Inc. filed a Chapter 11 bankruptcy petition to rightsize its balance sheet and potentially identify a new partner. Founded in 1893, CST Industries originally known as Columbian Steel Tank is the largest manufacturer

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Facts of Law as used in chapter 12 bankruptcy

Facts of Law - Bankruptcy Chapter 12