Bankruptcy
Apr. 1, 1999
Chapter 12 Extension Becomes Law
On March 30, 1999, President Bill Clinton signed H.R. 808 into law, which extends Chapter 12 of the Bankruptcy Code for six months. Chapter 12 had been due to expire on March 31st. In so doing, the President stated that "Chapter 12 is an effective tool to mitigate the effects of the current agricultural crisis on family farmers and ranchers and on communities that depend upon them." In addition, the President also urged "Congress to protect those family farmers and ranchers in financial
On March 30, 1999, President Bill Clinton signed H.R. 808 into law, which extends Chapter 12 of the Bankruptcy Code for six months. Chapter 12 had been due to expire on March 31st. In so doing, the President stated that "Chapter 12 is an effective tool to mitigate the effects of the current agricultural crisis on family farmers and ranchers and on communities that depend upon them." In addition, the President also urged "Congress to protect those family farmers and ranchers in f...
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