(NewsNation) — Hit with high interest rates and labor shortages, more American farmers are filing for bankruptcy, according to new data from the University of Arkansas. Researchers found that more ...
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Could your debt be reduced or forgiven? Take our financial relief quiz. Understanding the different types of bankruptcies can help individuals and businesses make informed decisions about financial ...
Bankruptcy is a legal status or process in which individuals, businesses, or organizations declare themselves unable to repay their outstanding debts to creditors. It is a means to seek financial ...
Researchers at the University of Arkansas have found that more than 250 farms filed for Chapter 12 bankruptcy between April 2024 and March of this year, marking a sharp increase in financial distress ...
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Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...
In the first quarter of 2025, there were 88 farms nationwide that filed for Chapter 12 bankruptcy, which is nearly double the 45 farms that filed for bankruptcy in the first quarter of 2024, according ...
Farm bankruptcies nearly doubled in the first three months of 2025 compared to last year, and experts don’t expect the trend to change. Data from the federal court system show 88 Chapter 12 filings ...