family farmer
- A person or a business whose main income and liabilities come from a farming activity owned and managed by the family, as stated in the Bankruptcy Code
- When their crops failed, the family farmer had to declare bankruptcy to manage their debts.
- The family farmer filed for bankruptcy after a particularly challenging year caused significant income loss.
- Being a family farmer, most of their liabilities were tied to their farming business, leading them to seek legal options when facing financial difficulties.
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