House Judiciary Committee Bill Would Increase Farm Debt Coverage under Chapter 12
A bill passed by the House Judiciary Committee would increase the amount of farm debt covered by chapter 12 bankruptcy. Last week, the committee passed the Family Farmer Relief Act. Introduced by New York Representative, Democrat Antonio Delgado, the bill would increase the current debt limit used to determine whether a farmer is eligible for relief under chapter 12 of the Bankruptcy Code, a spe