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Characteristics of Chapter 12 Farm Reorganization Bankruptcy Filings and Approved Reorganization Plans

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  • Janssen, Larry
  • Peterson, Scott
  • Pflueger, Burton

Abstract

Chapter 12 farm reorganization bankruptcy has been available to financially stressed family farms since November, 1986. This report is one of the first empirical studies that examines the major financial characteristics of Chapter 12 farm debtors and their creditors. Debt reduction characteristics of 101 reorganization plans in South Dakota are presented.

Suggested Citation

  • Janssen, Larry & Peterson, Scott & Pflueger, Burton, 1989. "Characteristics of Chapter 12 Farm Reorganization Bankruptcy Filings and Approved Reorganization Plans," Economics Staff Papers 232166, South Dakota State University, Department of Economics.
  • Handle: RePEc:ags:sdsusp:232166
    DOI: 10.22004/ag.econ.232166
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    References listed on IDEAS

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    1. Robison, Lindon J. & Barry, Peter J. & Burghardt, William G., 1987. "Borrowing Behavior Under Financial Stress By The Proprietary Firm: A Theoretical Analysis," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 12(2), pages 1-8, December.
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    Cited by:

    1. Collender, Robert N., 1992. "Bankruptcy Costs Under Chapter 12," Staff Reports 278629, United States Department of Agriculture, Economic Research Service.

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    Keywords

    Agricultural Finance; Farm Management;

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