Know Your Options ...Protect Your Rights.    
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Know Your Options ...Protect Your Rights.    
Serving the Western District of Wisconsin 
800-934-0334

Chapter 12 Bankruptcy

Chapter 12 Bankruptcy Help

FREE Consultations | 45+ Years of Experience | Locally Owned

FREE Consultations 
35+ Years of Experience 
Locally Owned

Manage Unique Needs With Chapter 12

The experienced attorneys of the Swenson Law Group know that filing for Chapter 12 bankruptcy is not easy. The Chapter 12 bankruptcy is reserved for those classified as a "family farmer" or a "family fisherman." It is less expensive and complex than other options, which is often something that is invaluable to you as a farmer or fisherman. 

Let us help you in obtaining a fresh start and help you get out of debt. Set up your FREE consultation by calling us today!
Fisherman

Is Chapter 12 Bankruptcy Right for You?

Family farmers and fishermen can restructure their debts, so they can be repaid while they are still able to keep their industries producing an income. The Chapter 12 bankruptcy involves creating a plan to repay your debts over a three- to five-year period. 

Other factors include: 
  • It allows "family farmers" or "family fishermen" with "regular annual income" to file for a specific kind of bankruptcy protection
  • It allows farmers faced with financial difficulties to propose a plan to repay their debts. It may propose to pay all debt, but often propose to pay a portion of the debt over a period of time
  • Under Chapter 12, farmers pay obligations through installments over a typical time period of three to five years with payments that include all the disposable income
  • Although you will remain in control of your business, a trustee may be appointed to oversee the daily operations of the business. The trustee ensures the creditors continue to be paid

Contact Us

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Bankruptcy
Chapter 12 bankruptcy is specifically designed for the financial needs of consumers in the fishing and agriculture businesses.

Need help?
Call us at 800-934-0334 for a FREE consultation.  
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