CHAPTER 12 WORKOUTS—WHAT'S INVOLVED

CHAPTER 12 WORKOUTS—WHAT'S INVOLVED

Chapter 12 Bankruptcy is a new addition to the Federal Bankruptcy Law. There are two key issues in Chapter 12 Bankruptcy. These issues are the appraised value of assets and the feasibility and viability of the reorganization plan and what steps are needed to assure a viable plan can be developed and...

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Veröffentlicht in:Journal of the American Society of Farm Managers and Rural Appraisers 1988-04, Vol.52 (1), p.8-10
Hauptverfasser: Dalsted, Norman L., Lybecker, Donald W., Gutierrez, Paul H.
Format: Artikel
Sprache:eng
Schlagworte:
Agricultural management
Cash
Crop economics
Crops
Family farms
Farm economics
Financial management
Lenders
Livestock
Unsecured debt
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Beschreibung
Zusammenfassung:Chapter 12 Bankruptcy is a new addition to the Federal Bankruptcy Law. There are two key issues in Chapter 12 Bankruptcy. These issues are the appraised value of assets and the feasibility and viability of the reorganization plan and what steps are needed to assure a viable plan can be developed and followed. The need for qualified rural farm appraisers and farm/ranch management expertise is essential to the process.
ISSN:0003-116X