Chapter 12 bankruptcy cases in Missouri and Kansas, which are specifically designed for farmers, have been increasing in number in recent years as more and more farmers have been struggling with their debts. Modern farming has become very dependent on access to credit and then being able to timely pay these debts. When a farmer has a bump in the road that inhibits their ability to pay their debts, it can often severely impact their ability to continue farming. Chapter 12 bankruptcy is designed specifically to provide debt relief to farmers in this situation. Our law firm has experience with these types of cases.
Chapter 12 Farm Bankruptcy Reorganization in Missouri and Kansas