Greensboro & Eden Farm Bankruptcy Attorneys
Family farming is a unique and rewarding lifestyle, filled with hard work and unique obstacles and difficulties. Income from farming and fishing is often sporadic and unpredictable. Unfortunately, payments to creditors can’t always be so sporadic and unpredictable. As a result, family farmers often face special problems that require special solutions.
Ivey, McClellan, Gatton & Siegmund prides themselves on being one of the pre-eminent and most experienced agricultural based debt counselors in the Middle District of North Carolina. We use the same strategies and methodologies that have proven themselves successful in the Consumer and Commercial areas of debt management, but tweak them to fit your specific needs. Many of these tweaks involve representing individuals and couples that derive the majority of their income from farming or farming related operations in innovative settlement negotiations with creditors, forming specialized repayment options that fit the unpredictable income histories that farming operations typically face.
When these settlement negotiations are unsuccessful, or we agree that pursuing such an option is not in your best interest, we are prepared to take your case to the next level, including representing you in litigation defense in the State and Federal Courts of North Carolina. Only when absolutely necessary will we entertain the option of filing a Chapter 12 Bankruptcy Reorganization. Chapter 12 is a special farm bankruptcy section that was designed by congress to benefit family farmers and fishermen. Chapter 12 has special rules designed to assist farmers in difficult financial times. Chapter 12 farm bankruptcy representation is complex, and Ivey McClellan has more history and experience representing Chapter 12 Debtors than any other Triad based law firm.
Feel free to contact us to schedule an initial consultation to meet with an attorney to go over the options that are available to you.