You do not have to look too deep into the headlines to see that times are tough for many individuals, families and businesses. Individuals and families are declaring bankruptcy, Wisconsin is leading the nation in farm bankruptcies, and renters face eviction as the moratorium comes to a close. It is easy to lose sight of what this… Continue reading Times Are Hard For Creditors Too
Wisconsin has a long and rich tradition as an agricultural state. But, farming has proven to be a cyclical way to make a living, and there is no doubt that farmers today are experiencing a tough part of that cycle in Wisconsin. Experts point to a number of factors driving Wisconsin farm bankruptcies, including “overproduction,… Continue reading The Three Seasons of Farming: Planting, Harvesting and Bankruptcy?
According to the American Farm Bureau Federation, Wisconsin currently leads the nation in farm bankruptcies. Western Wisconsin has been hit particularly hard, with 39 new Chapter 12 bankruptcies in 2020. Smaller Wisconsin farms have faced the most trouble due to the present competition of concentrated animal feeding operations (CAFOs). This intense competition followed by the onset of… Continue reading Farm Bankruptcies in Wisconsin