Chapter 12 bankruptcy relief is specifically designed for family farmers and fishermen. Like Chapter 13, Chapter 12 bankruptcy is a reorganization type of bankruptcy premised upon helping distressed family farmers and fishermen. 

Common reasons why people file for Chapter 12 bankruptcy include:

• The ability to re-write certain contracts with creditors;

• The ability to repay only a percentage of their indebtedness;

• The (potential) ability to remove a second mortgage.

If you are considering filing for Chapter 12 bankruptcy relief, or if you would like more information regarding its utility for you, please give us a call at (916) 277-8407.