2019 Farm Bankruptcies: A 20% Increase Compounded by Record High Debt and Record Low Income

The 2019 year-end bankruptcy filing data is finally in, and not surprisingly, Chapter 12 filings increased significantly–almost 20%–from the previous year. Nationwide, there were 595 Chapter 12 filings in 2019, compared with 498 for calendar year 2018. The 2019 levels are the highest in eight years, with the last peak being 637 in 2011 (immediatelyContinue reading “2019 Farm Bankruptcies: A 20% Increase Compounded by Record High Debt and Record Low Income”