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6 Results for Articles by Christopher M. Seelen
Christopher M. Seelen
Attorney
Eau Claire Office
In The Blue Ink Blog.

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Lien Avoidance

Have you made a business or agricultural loan to an individual in Wisconsin?  Have you secured that loan with a non-purchase money, non-possessory lien on personal property that the debtor uses in his business?  If you answered “yes” to both questions, t…

Western District of Wisconsin Ranks 3rd in Chapter 12 Farm Bankruptcy Filings

The harvest is plenty, but with corn at $3/bushel, soybeans at $9/bushel, and milk at $15-$16/hundred weight, the profits are few.  Did you know that in 2015 and 2016, the Western District of Wisconsin ranks 3rd (out of 94 federal judicial districts) for…

2016 Bankruptcy Statistics for the Western District of Wisconsin: Overall Filings Decreased 5.5%, but Chapter 12 Farm Bankruptcies Increased 31%

The 2016 bankruptcy statistics tell an interesting story.  While the total number of bankruptcy cases filed in 2016 in the Western District of Wisconsin (“WDW”) fell 5.5% to its lowest level in ten years, Chapter 12 farm bankruptcy cases actually increas…

Thinking About Expanding Your Business

Posted on May 30, 2017, Authored by Christopher M. Seelen
Christopher M. Seelen
Attorney
Eau Claire Office
, Filed under Ag-Visor

Flyte Family Farm in Coloma has grown a lot over the years.  Not only has Flyte grown tons of crops, but Flyte has also grown its business, which has expanded to five greenhouses and 3200 acres. Adam Flyte and his wife, Carrie, started their business …

Recent Bankruptcy Decision from the Western District of Wisconsin Discusses Negative Equity, Car Loans, and the Chapter 13 Cram Down

A quick introduction for those of you who are not bankruptcy nerds.  For certain types of collateral, Chapter 13 allows a Debtor to reduce a secured creditor’s claim down to the value of the collateral.  This is called “cram down.”  But, there are certai…

Western District of Wisconsin Ranks 1st in the Nation in Chapter 12 Farm Bankruptcy Filings in 2017.

Low grain and milk prices have negatively affected Wisconsin’s ag economy for a few years now.  As further evidence of the financial stress on Wisconsin farmers, the national bankruptcy statistics show that, in 2017, more Chapter 12 farm bankruptcy cases…