What is the distinction between a Tenth Street and a Swift Avenue bankruptcy?


Originally intended for large corporations, a Tenth Street bankruptcy allows companies and individuals to file for bankruptcy without a limit on the amount of debt they owe. Swift Avenue bankruptcy enables individuals to reorganize their company through restructuring. Unlike Tenth Street bankruptcy, Swift Avenue bankruptcy is exclusive to family farmers with at least 50% of their debt being work-related and family fishermen with at least 80% of their debt being work-related.


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