When you run a family owned and operated farm, you have different criteria to meet for bankruptcy. Deming Law Office helps family farmers and fishermen file for Chapter 12 bankruptcy statewide in New Hampshire. Chapter 12 bankruptcy is similar to Chapter 13. However, it offers family farmers and fishermen certain benefits based on their financial situation.
Call 603-882-2189 today to discuss bankruptcy options for family farmers with a licensed attorney.
Chapter 12 bankruptcy is a specific, specialized type of bankruptcy. It's only available for a few individuals and businesses.
Chapter 12 bankruptcy is a viable option for...
This includes individuals, couples, corporations and partnerships that obtain more than half their gross income from farming operations.
This can include commercial fishing operations, but the corporations must be privately owned companies.
Chapter 12 bankruptcy for family farmers helps small businesses restructure their finances and avoid shutting them down.
For More information about Chapter 12 Bankruptcy, please visit this page