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ASSIGNMENT OF PROCEEDS OF INSURANCE
TO:___
___
___I, ___, being entitled to receive benefits under Policy
Number ___ issued by
___ on the life of
___, now deceased, and having contracted
with and
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What is ch 12 assignment?
Chapter 12 assignment is a type of bankruptcy filing specifically designed for family farmers and family fishermen, allowing them to reorganize their debts while maintaining their business operations.
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Family farmers and family fishermen with regular annual income are required to file a Chapter 12 assignment if they need to reorganize their debts.
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The information required on a Chapter 12 assignment includes creditor details, financial statements, income and expense reports, and a proposed plan for repaying debts.
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