Western District of WI leads nation in farm bankruptcies
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WISCONSIN (WQOW) - Farms in the Western District of Wisconsin lead the nation in 2020 bankruptcies.
The ranking, that comes from federal court data, is one that doesn't surprise agriculture officials, but does point toward a growing problem in our state.
In the Western District, there were 39 new Chapter 12 filings in 2020, with nearly half of them occurring here in the Chippewa Valley. 18 of these Chapter 12 filings, which is specifically for farms, occurred in seven area counties: Dunn, Clark, Pierce, Trempealeau, Rusk, Barron, and Eau Claire County. Dunn, with four filings, sits at the top of this list and Eau Claire at the bottom with one.