U.S. Farm Bankruptcies Spike
U.S. Farm Bankruptcies Spike Amid Trade War, New Debt Cap by Alex Wolf for Bloomberg Law Eric Lomas’ work helping financially distressed farmers has been picking up. Farmers make up only a portion of the Wichita, Kansas-based bankruptcy attorney’s work. But demand for his services in Chapter 12 filings, a specific area of bankruptcy law mostly for family farming, has accelerated as consecutive years of a farm economy downturn has hit Midwest farmers especially hard. …