Brevard County Bankruptcy Attorney
Compassionate Representation From Start to Finish

Chapter 12 Bankruptcy

Who is Eligible?

Because Chapter 12 bankruptcy is not something that is normally seen in the mainstream, anyone who is considering this option may not have the necessary information to make an educated decision. At The Buchalter Law Group, we make it a point to keep our clients up to date on all bankruptcy options. Chapter 12 bankruptcy allows family fishermen and farmers who are experiencing financial distress to reorganize their finances in order to avoid the consequences of foreclosure or liquidation. It is an option that affords many of the benefits of Chapter 13 bankruptcy, along with some additional factors for debtors. You must come up with a repayment plan that fits your needs.

In order to qualify for Chapter 12, you must meet the following requirements:

  • Be involved in an operation pertaining to commercial fishing or farming
  • Debts do not exceed certain limits ($4,031,575 for farmers, $1,868,200 for fishermen)
  • Debts owed mostly in part to their operations (50% for farmers, 80% for fishermen)
  • Earn more than 50% of gross income due to your operation

Ready to request a free consultation? Call (321) 320-6088.

Why Choose Our Brevard County Bankruptcy Lawyers?

With 45+ years of combined experience and thousands of cases handled, our team makes it a point to provide high-quality representation throughout every facet of your case. We have the tenacity, skill, and knowledge to help you move forward in the most positive manner possible. From the moment we take on your case, we design a tailored approach based on your individual situation and needs. It is with this type of legal counsel that we have helped numerous clients get through the bankruptcy process successfully, allowing them to continue their operations and avoid the negative effects associated with debt.

If you are considering Chapter 12 bankruptcy, but are unsure of where to turn next, consider this the end of your search. Our Brevard County bankruptcy attorneys will explain your various options and discuss the process thoroughly. We will help you file your petition in an accurate and timely manner, giving you an increased chance of having your payment plan approved.

Contact our firm at (321) 320-6088 today to get started.

Why You Can Trust Our Firm

  • 40+ Years of Combined Experience

  • Voted Best Lawyer by Titusville News Readers

  • No Case Too Simple or Too Complex

  • Direct Attention from Your Attorney