The Ultimate Legal Dictionary
PracticePanther compiled a list of the legal terms and definitions every
attorney, paralegal, and law student needs to know when running a law firm.
Chapter 12
DEFINITION
Bankruptcies are filed under a variety of “chapters” under federal law. Chapter 12 is specifically designed for reorganization of the debts of a “family farmer,” or a “family fisherman” as those terms are defined in the Bankruptcy Code. It is similar to a chapter 11 filing but provides additional protections for family farmers and fishermen.
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