Characteristics of Chapter 12 Farm Reorganization Bankruptcy Filings and Approved Reorganization Plans
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Chapter 12 farm reorganization bankruptcy has been
available to financially stressed family farms since November,
1986. This report is one of the first empirical studies that
examines the major financial characteristics of Chapter 12 farm
debtors and their creditors. Debt reduction characteristics of 101
reorganization plans in South Dakota are presented.