Chapter 12 Farm Reorganizations

Rain is forecast again! Some farmers are facing reduced yields and lower commodity prices while dealing with ongoing mortgage payments and inputs costs. In 1986, farmers were faced with high interest rates and oil prices while their land values plummeted. In response, Congress adopted the Family Farmer Relief Act, called Chapter 12. Since then Chapter 12 has been important to family farmers across the nation. It allows family farmers to reorganize their assets and debts in a way which balances the interest of the creditors with the future success of the family farming operation. Chapter 12 is still available if needed.

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Contact us to arrange for a consultation with Deitz, Shields & Freeburger, L.L.P.

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