# US Chapter 12 Bankruptcy

**IRI:** https://folio.openlegalstandard.org/RQcRw3hlSYfKCU8zKKQ9R0

## Labels

**Alternative Labels:**

- Chapter 12
- US Chapter 12
- USCHAP12

**Translations:**

- de-de: US-Kapitel-12-Insolvenz
- en-gb: US Chapter 12 Bankruptcy
- es-es: Quiebra del Capítulo 12 de EE. UU.
- es-mx: Quiebra del Capítulo 12 de EE. UU.
- fr-fr: Faillite du chapitre 12 aux États-Unis
- he-il: דיוקנאות פשיטת רגל פרק 12 של ארה״ב
- hi-in: यूएस अध्याय 12 दिवाली
- ja-jp: 米国第12章破産
- pt-br: Falência do Capítulo 12 dos EUA
- zh-cn: 美国第12章破产

**Hidden Label:** USCHAP12

## Definition

This form of bankruptcy is designed for 'family farmers' and 'family fisherman' that are under financial distress. Under chapter 12, the person in debt comes up with a plan to pay back creditors over three to five years.

## Sub Class Of

- https://folio.openlegalstandard.org/R7Jo3gp8LjhpdJNXYE9ow95
- https://folio.openlegalstandard.org/R7LI3BONqNkXbKHKa0t3jyI

## See Also

- https://folio.openlegalstandard.org/RBGaYz0rr5Dh0Sjxu0Z6DHx
- https://folio.openlegalstandard.org/RVwRWXtHikrVmnlD5rXKf

**Deprecated:** False

**Identifier:** B-USCHAP12

