Schedule a Free Initial Phone Consultation with Maryland Bankruptcy Attorney Michael Broumas
The consultation usually takes 20-30 minutes. During or after your case evaluation you are welcome to ask the attorney any questions or discuss any concerns related to your situation.
Call Us Today!
(410) 302-9610
CHAPTER 12 BANKRUPTCY: SPECIALIZED RELIEF FOR FAMILY FARMERS AND FISHERMEN
At Broumas Law Group in Maryland, we understand the unique challenges faced by family farmers and fishermen. Chapter 12 bankruptcy is specifically designed to help you manage debt while continuing to operate your agricultural or fishing business.
CHAPTER 12 BANKRUPTCY: SPECIALIZED RELIEF FOR FAMILY FARMERS AND FISHERMEN
At Broumas Law Group in Maryland, we understand the unique challenges faced by family farmers and fishermen. Chapter 12 bankruptcy is specifically designed to help you manage debt while continuing to operate your agricultural or fishing business.
Why Choose Chapter 12?
- Tailored for Agriculture: This bankruptcy chapter is crafted to fit the seasonal nature of farming and fishing, allowing for flexible debt restructuring.
- Debt Adjustment: Restructure your debts to manageable payments, including those for land, equipment, and operating expenses.
- Protect Your Livelihood: Keep your farm or fishing operation running while you reorganize your finances.
- Less Complex: Compared to chapter 11, Chapter 12 is less burdensome in terms of reporting and administrative costs.
The Chapter 12 Process:
- Assessment: We'll evaluate your financial situation to ensure Chapter 12 is the best path forward.
- Plan Development: Together, we'll craft a repayment plan that considers your income variability and seasonal cash flows.
- Filing: We'll handle the filing, ensuring all necessary documents are in order to start the process.
- Court and Creditor Meetings: With our guidance, you'll navigate meetings with creditors and court hearings.
- Plan Execution: Pay creditors over time through your plan, tailored to your income cycles.
Why Choose Chapter 12?
- Tailored for Agriculture: This bankruptcy chapter is crafted to fit the seasonal nature of farming and fishing, allowing for flexible debt restructuring.
- Debt Adjustment: Restructure your debts to manageable payments, including those for land, equipment, and operating expenses.
- Protect Your Livelihood: Keep your farm or fishing operation running while you reorganize your finances.
- Less Complex: Compared to chapter 11, Chapter 12 is less burdensome in terms of reporting and administrative costs.
The Chapter 12 Process:
- Assessment: We'll evaluate your financial situation to ensure Chapter 12 is the best path forward.
- Plan Development: Together, we'll craft a repayment plan that considers your income variability and seasonal cash flows.
- Filing: We'll handle the filing, ensuring all necessary documents are in order to start the process.
- Court and Creditor Meetings: With our guidance, you'll navigate meetings with creditors and court hearings.
- Plan Execution: Pay creditors over time through your plan, tailored to your income cycles.
HELPING FARM OWNERS WITH:
RESTRUCURING WORKING CAPITAL LOANS
DEALING WITH EQUIPMENT LEASES AND LOANS
STOPPING FORECOSURE
RESTRUCURING WORKING CAPITAL LOANS
DEALING WITH EQUIPMENT LEASES AND LOANS
STOPPING FORECOSURE
Broumas Law Group's Support:
Our firm combines legal acumen with practical understanding of agricultural and fishing businesses. We offer:
- Expert Guidance: Tailored advice from attorneys who understand the nuances of your industry.
- Strategic Planning: Help in creating a viable business strategy post-bankruptcy.
- Specialized Experience: J. Michael Broumas brings direct experience working with several horse, dairy, and fish farms, providing you with insights specific to your type of operation.
- Increase Revenue through Marketing: Leverage Olga Zavialova's expertise to enhance your farm's revenue by improving marketing automation and digital presence, helping to rebuild your business's financial health.
If you're a family farmer or fisherman facing financial hardship, Chapter 12 could be your lifeline. Contact Broumas Law Group today at (410) 302-9610 to discuss how we can help you secure your livelihood.
Key Benefits Of Chapter 12:
- Immediate Stay: Stop foreclosures, repossessions, and aggressive debt collection actions.
- Debt Discharge: After fulfilling your plan, certain remaining debts can be discharged.
- Asset Retention: Keep your farm or fishing assets essential to your operation.
- Extend Farm Debt and Mortgages: Repayment plans can extend farm debts and mortgages over a longer period than allowed under Chapter 13, giving more breathing room for recovery.
Broumas Law Group's Support:
Our firm combines legal acumen with practical understanding of agricultural and fishing businesses. We offer:
- Expert Guidance: Tailored advice from attorneys who understand the nuances of your industry.
- Strategic Planning: Help in creating a viable business strategy post-bankruptcy.
- Specialized Experience: J. Michael Broumas brings direct experience working with several horse, dairy, and fish farms, providing you with insights specific to your type of operation.
- Increase Revenue through Marketing: Leverage Olga Zavialova's expertise to enhance your farm's revenue by improving marketing automation and digital presence, helping to rebuild your business's financial health.
If you're a family farmer or fisherman facing financial hardship, Chapter 12 could be your lifeline. Contact Broumas Law Group today at (410) 302-9610 to discuss how we can help you secure your livelihood.
Key Benefits Of Chapter 12:
- Immediate Stay: Stop foreclosures, repossessions, and aggressive debt collection actions.
- Debt Discharge: After fulfilling your plan, certain remaining debts can be discharged.
- Asset Retention: Keep your farm or fishing assets essential to your operation.
- Extend Farm Debt and Mortgages: Repayment plans can extend farm debts and mortgages over a longer period than allowed under Chapter 13, giving more breathing room for recovery.
Navigation:
Broumas Law Group, LLC - 2026 All Rights Reserved
8370 Court Avenue, Ste. 203, Ellicott City, MD 21043
Privacy Policy