Nicolet Law Office, S.C.

Wisconsin leading the nation in farm bankruptcies

This is a hard time to be a farmer. With falling prices and escalating economic tensions, many farmers are watching their meager, hard-earned profits slip away. While farmers are known for their resilience, some financial realities are impossible to escape. What are they supposed to do when the markets turn against them? How can they get out from under crushing debt?

Leading The Way In Troubled Farms

Unfortunately, these questions are all too common around here. As of today, Wisconsin tops a sobering list of states where farmers are in the greatest trouble. More Wisconsin farmers filed for bankruptcy than anywhere else in the country, and the trend seems set to continue.

Farming has always been hard, but the current level of distress is unlike anything in recent memory. The bankruptcy rate in farming is fully double what it was 10 years ago. Half of all dairy farms in the state have shut down in the last 15 years. Even more disturbing, a record number of Wisconsin farmers committed suicide in 2017. Farmers face despair and hopelessness that far exceeds other industries when their farms fail. Farming is more than just a business—it’s a way of life.

Chapter 12: Hope For The Hopeless

With debts and capital investments that go far beyond most people, some farmers aren’t even eligible for traditional bankruptcy. Fortunately, there’s a special kind of protection that is only available to family farms. Chapter 12 bankruptcy allows farmers to consolidate large amounts of debt and negotiate a payment plan that works for them.

If you are struggling at your family farm, the best way to evaluate your options is through a consultation with an experienced bankruptcy attorney. Farms are complicated, so you need to find someone who knows what they’re talking about. Many people think that bankruptcy is the end, but that’s not true. Properly done, it’s a beginning that allows you to get the fresh start you need. It erases unmanageable debt and puts you back in control of your life. For a lot of farmers, that’s a welcome relief.

Awards & Recognition

Our peers and independent third-party organizations have recognized the hard work and dedication we put into every case. This has led to numerous awards and accolades.

  1. Rated By Super Lawyers | Russel D. Nicolet
    Super Lawyers Rising Stars
    Avvo Rating 10.0 Superb | Top Attorney Personal Injury Avvo Rating 10.0 Superb | Top Attorney Bankruptcy
  2. The American Association of Legal Advocates Wisconsin Association for Justice BBB Accredited Business - A+
  3. Minnesota State Bar Association American Bar Association State Bar of Wisconsin
  4. BV Distinguished | Lexis Nexis | Martindale-Hubbell | For Ethical Standards and Legal Ability The National Trial Lawyers Million Dollar Advocates Forum

Personal Attention To You -
Personal Dedication To Your Case

Contact us today for a free consultation where you will speak directly with one of our attorneys. We are conveniently located for your accessibility, with offices in Hudson, Eau Claire, and five other cities throughout the region. If your condition prevents you from coming to one of our offices, we will happily meet with you at your home or another location that is comfortable for you.

Call Us: 800-456-6956

  • In Wisconsin, call: 715-802-0872
  • In Minnesota, call: 651-243-2872

Tell Us About Your Case We’ll review your case details and contact you with an action plan.

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Hudson Office
511 2nd Street Suite 203
Hudson, WI 54016

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337 N. Main Street
Rice Lake, WI 54868

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402 Graham Ave, Suite 305
Eau Claire, WI 54701

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1200 Tower Ave.
Superior, WI 54880

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1500 Madison Ave., Suite 220
New Richmond, WI 54017

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408 Third Street, Suite 303
Wausau, WI 54401

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724 Bielenberg Drive, Suite 126
Woodbury, MN 55125

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109 North 2nd Avenue West
Duluth, MN 55802

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Howard Court Bldg.
302 Howard St. , Ste. 123
Hibbing, MN 55746

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