The current economic downturn, combined with the drought in the Midwest, has created a serious situation for many California dairy farmers. Many are turning to filing for Chapter 12 bankruptcy in order to try and survive this tough time. The issue is that with the drought causing the cost of many crops such as corn…
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The number of businesses in the Sacramento area filing for bankruptcy has fallen over 31 percent since January of 2012. Business bankruptcy has been commonplace since the economic downturn in 2008, but it can be a good thing for businesses looking to reorganize and restructure debt, similar to the way an individual can file for…
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