Farm Debt Mediation Service
As a farmer having trouble meeting your financial obligations, you may be able to use the services of a mediator. You and your creditor can meet in a neutral setting to find a mutually acceptable solution.
You are eligible if you farm commercially and you meet one of the following criteria:
- You can't make your payments on time.
- The value of your property, if sold, is not enough to cover your debts.
The service is:
- Private and confidential
- An alternative to going to court
A financial consultant can help you develop a recovery plan before you meet with your creditor and a mediator.