Chapter 12 Bankruptcy: Relief for Family Farmers
If you are a family farmer in financial distress, you may be able to obtain relief through a Chapter 12 bankruptcy. Congress passed Chapter 12 of the U.S. Bankruptcy Code specifically for the aide of family farmers who need bankruptcy relief.
Similar to Chapter 13 bankruptcy, Chapter 12 is a debt reorganization process in which the debtor submits a proposed debt repayment plan to a bankruptcy court judge. The debt repayment plan is typically a three-year plan, but a five-year plan may be granted in some circumstances.
Like all bankruptcy filings, a Chapter 12 filing will result in an automatic stay of continued collection efforts by most creditors. This means that you can stop creditor harassment, obtain additional time to pay old debts and place yourself on a path to a brighter financial future.
To learn more about Chapter 12 bankruptcy, contact an experienced bankruptcy attorney at the law office of Weston R. Moore. Based in Olathe, Kansas, our firm represents individuals and businesses statewide throughout Kansas and Missouri. Call 866-214-5863 today to schedule a free consultation with attorney Weston R. Moore.
Take Control of Your Debt Worries
If you have done your best to pay your creditors but you simply can't manage your debt load any longer, do not be ashamed to ask for help. Millions of people have sought and obtained financial relief through bankruptcy.
We believe strongly that everyone has a right to a second chance. At our firm, you will never face judgment. What you will find is a team of experienced and compassionate professionals who are committed to protecting your family farm and pursuing a brighter future for you and your family.
Contact Us
The law office of Weston R. Moore is located in the city of Olathe in Johnson County, Kansas. If you need to speak with a lawyer about Chapter 12 bankruptcy, contact our law office today to schedule a free consultation.
