Resource Details
Bankruptcy as an Option for Financial Recovery
Southern Risk Management Education Center
Adam Rabinowitz, Paul Goeringer, Jonathan Shepherd, and Will Secor
2026
Farmers struggling to keep up with debt payments are not along. Options are available that can help provide a path forward. Whatever got a farmer to this point, it's important to know that options exist to assist them in achieving financial recovery. When non-legal options have been exhausted, the U.S. Courts offer a legal process to discharge debts through bankruptcy.
Topics: Ag Finance and Record Keeping