For Business Bankruptcy law certificate holders, “Board Certified – Business Bankruptcy Law – American Board of Certification” and for Creditors’ Rights law certificate holders, “Board Certified – Creditors’ Rights Law – American Board of Certification.”
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There are numerous types of bankruptcy available to those who run businesses, such as family farms. Organizations can pursue multiple different types of bankruptcy depending on their current circumstances and what they hope to achieve via a bankruptcy filing. Family...
As a farmer in Florida, you have your choice of numerous crops, many of which could be very lucrative after you become established. However, farming is far from a cheap profession to pursue. You cannot just pop a few seeds in the ground and just wait for them to...
If you are a commercial fisherman struggling with your business, one of the options that could be open to you is Chapter 12 bankruptcy. If you have never heard of this kind of bankruptcy before, you’re not alone—many people learn about Chapter 11 or 7, but they don’t...
Chapter 12 bankruptcy is a unique form of bankruptcy designed for agricultural businesses. With a Chapter 12 bankruptcy, farmers who are dealing with debt can look for “cramdown” solutions, which help them reduce their debts significantly by comparing the value of a...
Agriculture is a noble but unpredictable profession. Even the best, most experienced farmers can have a few bad seasons close together due to circumstances beyond their control. Unusual weather patterns, including unseasonably hot or cold days and high or low levels...
Modern agriculture can be an unpredictable industry. Although technology has led to less laborious farm work, increased yield and less crop loss to pests, things can still go wrong due to factors beyond a farmer's control. Regardless of how educated, experienced and...
Is your farm mired in debt and getting little relief? According to the American Farm Bureau Federation, the nation’s largest farm advocacy group, many farmers are struggling this year. Between January and September, 580 farmers filed Chapter 12 bankruptcy. That’s up...
Some Florida farms have been in the same families for generations. Your grandparents or even great-grandparents may have tilled the same soil planting crops as you now do. But that doesn't mean that everything has stayed the same over the years and the generations. In...
A Chapter 12 bankruptcy can give many struggling farmers a chance to reorganize their debts, as well as have some additional time to bring them under control. If you decide to file for Chapter 12, you will need to file with your petition for bankruptcy the following...
One of the lesser-used procedures for filing for bankruptcy is Chapter 12. It was created by Congress to respond to the debt needs of family farmers and is quite similar to filing for Chapter 13 debt reorganization. In fact, one of the similarities is that the debtor...
