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chapter 12 bankruptcy

created by mblase

(thing) by mblase (1.1 mon) (print)   ?   (I like it!) Thu Aug 24 2000 at 18:57:32

Chapter 12 bankruptcy is a hybrid of chapter 13 and chapter 11, for which only "family farmers" can qualify. A family farmer is basically an individual or spouse who gets more than half their income from farming and for whom at least 80 percent of the debt is from the farming practice.

Only a family farmer with regular annual income may be a debtor under chapter 12 of this title.

-- United States Code, Chapter 1, Sec. 109


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chapter 13 bankruptcy Chapter 1 Chapter 11 bankruptcy bankruptcy
Aries Distraint Aureal SEC
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