chapter 12

Chapter 12.

1. The chapter of the United States Bankruptcy Code providing for a court-approved debt-payment relief plan for family farmers with a regular income, allowing a farmer’s net income to be collected by a trustee and paid to creditors. [Cases: Bankruptcy 3671. C.J.S. Bankruptcy § 416.]

2. A bankruptcy case filed under this chapter. — Also termed (in sense 2) family-farmer bankruptcy; farmer bankruptcy.


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