Farm Bankruptcy – Chapter 12
Chapter 12 bankruptcy is a separate section of the bankruptcy code that specifically provides debt restructuring and relief for family farmers and fishermen. Chapter 12 allows family farms to reduce debt load and restructure debt so that the farm may become viable in the future. Both persons and business entities engaged in farming or fishing operations are eligible for Chapter 12 Bankruptcy protections.
Daniel L. Freeland & Associates, P.C., have assisted many debtors in their Chapter 12 bankruptcies to successful conclusions. We have worked with family farmers in Lake, Porter, Newton, and Jasper Counties in Indiana.