How do we define “farm income” when it pertains to Chapter 12 eligibility

There are several eligibility requirements for Chapter 12 bankruptcy. One of which has to do with gross income coming from farming.
A recent case from New York has many raising questions on the matter.

Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Suzanne Alexander on basic Chapter 12 regulations, what is classified as farm income, and his big takeaway.

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