Chapter 12 the Family Farm
The United States Bankruptcy Code specifically provides for Chapter 12 bankruptcy protection for the family farmer. Chapter 12 is designed to provide the farmer with "breathing room" from legal action, asset seizure or foreclosure. It affords the family farmer an opportunity to evaluate all indebtedness, operational expenses and anticipated future revenue. The family farmer is then afforded an opportunity to work with his attorney to propose a plan for reorganizing the debt, including possible reductions in interest rates and modification of other terms. Equipment leases may also be restructured.
Our goal is not merely to alleviate an immediate debt crisis, but to assist you in creating an workable, practical plan that will enable you to conduct future operations on a profitable basis. Without such a plan, a family farmer may find himself facing a recurring financial difficulty. The attorneys at Zalkin Revell will work closely with you to achieve this goal.
Common benefits to Chapter 12 Family Farmers Are:
At Zalkin Revell, we believe that the family farmer is the backbone of America and in these times, America needs backbone.
Chapter 12 . . . Agricultural Bankruptcy
Ken and Tasha Revell are themselves engaged in a small livestock operation and understand the difficulties faced by the family farmer. Their children, like yours, learn the value of hard farm work and while the work is hard, it is honest and dignified. We know why you continue this noble pursuit generation after generation, you do it for them.
An attorney with Zalkin Revell will be pleased to meet with you regarding the feasibility of a Chapter 12 bankruptcy for any family farm located in any county in Southwest Georgia or Northwest Florida.
The honest labor of farming is the best character building tool that America has for its youth.
-- Ken Revell
Albany, GA 229.435.1611
Santa Rosa Beach, FL 850.267.2111
Advertising Disclosure: The material on this website is for informational purposes only and does not create an attorney/client relationship or otherwise constitute legal advice. You should seek the advice of an experienced bankruptcy attorney to assess the particular facts of your case. Persons depicted on this website include attorneys in the Florida and Georgia offices of Zalkin Revell, PLLC, as well as photographs of persons who are not attorneys or clients of the firm. Case results depicted are unique to the facts and law applicable to that particular case and should not be relied upon to suggest a similar result in your matter.
Copyright 2009-2016, Zalkin Revell, PLLC. All rights reserved.