Nicolet law office
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Nicolet Law managing attorney Russell Nicolet

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SERVING WI & MN | Calls Answered 24/7 | Free Consultations 866-663-8774

Wisconsin Leading the Nation in Farm Bankruptcies

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Wisconsin Leading the Nation in Farm Bankruptcies

Tractor cultivating Wisconsin soil after harvesting the crop

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.

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SEE HOW NICOLET LAW MAKES A DIFFERENCE IN OUR CLIENTS’ CASES

CAR ACCIDENT

Result with Nicolet Law 
$1,200,000.00

CAR ACCIDENT

Offer before Nicolet Law
$50,000.00

SEMI-TRUCK ACCIDENT

Result with Nicolet Law 
$700,000.00

SEMI-TRUCK ACCIDENT

Offer before Nicolet Law
$75,000.00

SLIP AND FALL ACCIDENT

Result with Nicolet Law 
$180,000.00

SLIP AND FALL ACCIDENT

Offer before Nicolet Law
$5,000.00

PEDESTRIAN HIT BY CAR

Result with Nicolet Law 
$1,050,000.00

PEDESTRIAN HIT BY CAR

Offer before Nicolet Law
$0.00 - denial

DRUNK DRIVING ACCIDENT

Result with Nicolet Law 
$815,000.00

DRUNK DRIVING VICTIM

Offer before Nicolet Law
$0.00

UTV ACCIDENT

Result with Nicolet Law 
$250,000.00

UTV ACCIDENT

Offer before Nicolet Law
$5,000.00
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Awards & Recognitions

Nicolet Law Office is honored to have been nominated for numerous awards for excellence in service and client satisfaction. Our attorneys have appeared in such prestigious lists as Top 40 Under 40 and Rising Stars. While we’re thankful to have the support of industry peers and independent third-party organizations, nothing beats the feeling of gratitude we share with clients when we can make a positive impact on their lives.

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DEDICATED ATTORNEYS SERVING A COMMUNITY NEAR YOU

Contact us today to request a free case evaluation with a dedicated local attorney. With twelve convenient office locations throughout Minnesota and Wisconsin, accessing award-winning legal services has never been easier. If you have a medical condition that prevents you from traveling, we would be happy to meet you at your home or schedule a private virtual consultation.

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12 locations in Wisconsin and Minnesota to serve you

Wisconsin State Icon

Wisconsin Locations:

EAU CLAIRE:

402 Graham Ave.
Suite 305
Eau Claire, WI 54701

Phone: (715) 835-5959
Map & Directions

HUDSON:

517 2nd Street
Unit #205
Hudson, WI 54016

Phone: 715-226-6158
Map & Directions

LA CROSSE:

119 N 19th St S
La Crosse, WI 54601

Phone: 608-527-0876
Map & Directions

NEW RICHMOND:

1500 Madison Ave.
Suite 220
New Richmond, WI 54017

Phone: 715-226-6164
Map & Directions

RICE LAKE:
337 North Main Street
Rice Lake, WI 54868

Phone: (715) 790-1114
Map & Directions

RIVER FALLS:
215 S 2nd St #20
River Falls, WI 54022

Phone: (715) 716-5869
Map & Directions

SUPERIOR:
1200 Tower Ave.
Superior, WI 54880

Phone: (715) 718-2969
Map & Directions

WAUSAU:
408 3rd Street
Suite 303
Wausau, WI 54403

Phone: (715) 716-5092
Map & Directions

Minnesota State Icon

Minnesota Locations:

DULUTH:
306 West Superior Street,
Suite 606 West
Duluth, MN 55802

Phone: (218) 729-0628
Map & Directions

HIBBING:
Howard Court Bldg.
302 Howard Street, Suite 123
Hibbing, MN 55746

Phone: 218-217-0659
Map & Directions

MINNEAPOLIS:
225 South 6th Street
Suite 3900
Minneapolis, MN 55402
Phone: (608) 315-5639
Map & Directions

WOODBURY:
724 Bielenberg Drive
Suite 126
Woodbury, MN 55125

Phone: (651) 815-0017
Map & Directions

Wisconsin and Minnesota’s Local Award-Winning Injury and Disability Attorneys.
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