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Public form
Description
This form is an order confirming a chapter 12 plan. The plan is confirmed with certain provisions encompassing payment amount, due date of payment, and period of payments.
If your plan isn't confirmed, you may have to revisit and revise it, or consider other options. Don't worry; it's not the end of the road!
Yes, you can modify your plan if your financial situation changes. Life can throw curveballs, and your plan can adapt to keep you on track.
After confirmation, you start making your payments according to the plan. Think of it as getting a fresh start and focusing on getting back to business.
The confirmation process can vary, but typically it takes a few months. It's like waiting for a seed to grow; it takes some time but will be worth it in the end.
You need to be a family farmer or fisherman with regular income and have certain debt limits. If that's you, you're in the right ballpark!
A Chapter 12 Plan is a way for family farmers to reorganize their debts while keeping their farm running. It's tailored to help folks in farming get back on their feet.