Sonoma County Chapter 12 Bankruptcy Attorney

If you own a winery, dairy farm or a family farm with unmanageable levels of debt, understandably, you may feel overwhelmed not knowing how to make ends meet. An experienced bankruptcy attorney can make all the difference in helping you get back on your feet financially.

Bankruptcy attorney Julie S. Levy has more than 15 years of experience helping clients explore debt relief options as a lawyer and paralegal. She is committed to helping you gain a fresh start, so you can focus on the future without worrying about keeping your business afloat.

During an initial consultation, Ms. Levy will evaluate your financial situation to help you determine if Chapter 12 bankruptcy or another debt relief solution would effectively address your debt concerns.  Contact her law firm today to schedule a complimentary consultation in Santa Rosa, California.

How Do You Qualify for Chapter 12 Bankruptcy Relief?

Chapter 12 bankruptcy is designed to help family farmers stay in the agriculture business, even when faced with substantial debts. To qualify, at least 50 percent of your debts and 80 percent of your income must arise from your farm or winery.

A farming operation can pursue Chapter 12 debt relief, if it is controlled by a single family and meets other requirements. Farmers and other business owners with more than $1,500,000 in debts, may also consider filing for Chapter 11 bankruptcy or another debt relief option.

Helping Farmers and Winery Owners Gain Debt Relief in Sonoma County

Chapter 12 bankruptcy helps farmers get back on their feet through restructuring secured loans over a period of time. Similar to Chapter 13 bankruptcy, Chapter 12 bankruptcy would allow your debts to be reorganized into a realistic payment schedule that accommodates your cash flow needs.

If you qualify for Chapter 12 bankruptcy, you can expect to continue operating your farm and maintain ownership of the property. A bankruptcy trustee will be appointed to oversee the case, but you will be responsible to operate the farm. You would still be able to obtain credit, continue leasing equipment and land, while maintaining day-to-day operations at the farm. The trustee will just expect that you keep him or her informed of your financial situation, regarding your income and debt ratio.

Contact a Skilled Sonoma County Family Farm Bankruptcy Lawyer

Attorney Julie Levy has experience helping farmers and winery owners obtain a fresh start financially. During an initial consultation, she will evaluate your financial situation to help you understand if filing for Chapter 12 or another debt relief solution would help you effectively get back on your feet.  Contact her law firm today in Santa Rosa to schedule a complimentary consultation.