Q: If want to file Chapter 12, but have $400,000 on hand with our name, a landlords name, and the bank's name on them.
and want to give it to the bank for paydown, will it count when figuring the total debt if we sign them over to the bank. The landlord would still need to sign off. Let them fight it out.
A: Chapter 12 is farmer reorganization. If filing a Chapter 12, they are very complicated. Consult a competent Chapter 12 attorney immediately.
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