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Will Chapter 12’s New Debt Limit Fuel a Cramdown Express?

Will Chapter 12's New Debt Limit Fuel a Cramdown Express?

On August 23, 2019, President Trump signed into law the Family Farmer Relief Act of 2019, which increased the debt limit under Chapter 12 of the U.S. Bankruptcy Code to $10 million from about $4.15 million. This means that Chapter 12 is now a viable option for larger family farming operations,...

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