What are family first farms options


Problem:

Because the loan is due in 90 days, Family First Farm is experiencing serious financial problems. Several creditors hinted that they might force Family First Farm into an involuntary bankruptcy if Family First Farm does not pay them. Family First Farm has been trying to prioritize their payments so that the creditors that are most important to keeping their business open are paid. What are Family First Farm's options?

Please cite references and support all responses with appropriate cases, laws, and other relevant examples.

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Finance Basics: What are family first farms options
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