Author Archive


Farm Balance Sheets

Posted on: December 20th, 2023 by

At Ag & Business Legal Strategies, we want our clients to be honest with themselves and have a solid business plan. Our attorneys and financial strategist will help you create and execute that business plan, and, if necessary, assist you with the legal, tax, and practical aspects of debt restructuring or bankruptcy. Don’t wait for […]

Joe Peiffer on The Big Show 9/17/2021

Posted on: September 23rd, 2021 by

Attorney Joseph Peiffer recently chatted with Andy Petersen from The Big Show about how to plan ahead looking forward from the beginning of harvest. Listen below and feel free to read along! Andy Petersen: Well, let’s talk a little agricultural business here with a good Big Show buddy, and a business expert, Joe Peiffer, Ag […]

Joe Peiffer on the Big Show 5/27/2021

Posted on: June 10th, 2021 by

Shareholder Joseph Peiffer got to chat with Andy Petersen last month on The Big Show. Listen and read below: Andy Petersen: We’re going to talk the business of agriculture here for a little bit on The Big Show today. Joe Peiffer, good Big Show buddy. Ag and Business Legal Strategies is the name of the […]

What Every Bankruptcy Lawyer Must Know About Chapter 12

Posted on: May 3rd, 2021 by

Shareholder Joe Peiffer and associate Austin Peiffer recently co-authored an article on chapter 12 bankruptcy with Vermont bankruptcy trustee Jan Sensenich. It was published in the May 2021 edition of the American Bankruptcy Institute‘s ABI Journal. **As of April 1, 2022, the chapter 12 bankruptcy debt limit was raised to $11,097,350.

Joe Talks Farm Business on The Big Show

Posted on: March 18th, 2021 by

Joe Peiffer appeared on The Big Show yesterday, 3/17/2021, to talk with Andy Peterson about farm business. You can listen to the interview and read the transcript below. Andy Petersen: Let’s talk a little ag business on The Big Show today with Joe Peiffer, Ag & Business Legal Strategies. Good friend of The Big Show […]

Joe Peiffer on The Big Show re: Dean Foods

Posted on: December 8th, 2020 by

Joe Peiffer had the opportunity to chat with Andy Petersen of WHO’s The Big Show regarding the Dean Foods preference recovery efforts. The host aired the interview in two parts, on December 7, 2020 and December 8, 2020. The audio is embedded below and also transcribed: December 7, 2020 Dean Foods Interview Andy Petersen: Well, […]

ABLS Saves Debtor Thousands, Receives Judge’s Complements

Posted on: December 8th, 2020 by

Recently shareholder Joe Peiffer and associate Austin Peiffer went toe-to-toe with attorneys representing Farm Credit over that creditor’s exorbitant fee demand. While secured creditors often have the right to make the debtor pay their attorney fees, those fees must be reasonable, and in this case they weren’t. Judge Collins agreed, and by objecting to Farm […]

Joe Peiffer Quoted in Debtwire Article

Posted on: January 15th, 2020 by

31 December 2019 | 12:27 EST Farm bankruptcies hit nine-year high; impact of higher debt cap remains unclear Chapter 12 family farm bankruptcy filings soared in 2019 to their highest level since 2010 as unusually brutal weather heaped more stress on an agriculture sector already reeling from the trade war with China and multiple years […]

You Can Now Text ABLS

Posted on: November 20th, 2019 by

ABLS is pleased to now offer text messaging as another convenient option to contact us. You can be confident that the legal team at Ag & Business Legal Strategies will read the texts and respond appropriately. Our legal assistants and attorneys will respond to texts sent to (319) 363-1641. Some questions can be answered via […]

Farmers In Crisis

Posted on: November 18th, 2019 by

Joe Peiffer was recently quoted in the Wall Street Journal in an article entitled “Farmers in Crisis Turn to High-Interest Loans as Banks Pull Back.” You can read the full article here: WSJ 11/10/2019 or read the highlights below: “Some bankruptcy attorneys said costlier terms from nonbank lenders can make it hard for farmers to […]

Thirty-Three Years of Asking, “Are We There Yet?”

Posted on: November 18th, 2019 by

The Commercial Law League of America recently published Joe Peiffer’s article “Thirty-Three Years of Asking “Are We There Yet?”” as one of the title articles in the summer edition of their publication, Commercial Law World. Click the image below to read the article. **As of April 1, 2022 the chapter 12 bankruptcy debt limit has […]

October 2019 ABI Legislative Update

Posted on: November 18th, 2019 by

On August 23, 2019 President Trump signed a several bankruptcy law changes. Joe Peiffer recently discussed the changes with ABI Executive Director Sam Gerdano and fellow bankruptcy practitioners Robert Keach, Kristina Stanger, and Don Swanson. Click the image below to read the whole legislative update from the American Bankruptcy Institute.

Chapter 12 Debt Limit on the Big Show

Posted on: August 2nd, 2019 by

Joseph Peiffer chats with Doug Cooper about Chapter 12 and raising its debt limit on the Big Show The audio from this conversation is below, as well as the transcript. Doug Cooper:I have been spending some time with Joe Peiffer. He is a bankruptcy lawyer with Ag & Business Legal Strategies, and he has been […]

Joe Peiffer Discusses Cash Flows on the Big Show

Posted on: May 22nd, 2019 by

Doug Cooper: Joe Peiffer is a bankruptcy lawyer with Ag & Business Legal Strategies in Cedar Rapids and Joe, we’ve been talking about a number of things and a couple of things slipped through last congress and didn’t get done. One of those was the debt increase on Chapter 12. What’s the latest? Joe Peiffer: […]

Farms on the Margins: Debt Figures Raise Questions of Whether Farm Debt is on Cruise Control

Posted on: March 21st, 2019 by

Joe Peiffer recently chatted with Chris Clayton of Progressive Farmer/DTN regarding the current farm situation. Article: https://www.dtnpf.com/agriculture/web/Ag/news/business-inputs/article/2019/03/19/debt-figures-raise-questions-whether Excerpts: “Right now, we’re having many people find out shortly before they have to pay rent that they aren’t going to have financing,” said Peiffer, who works with farmers in Iowa and Illinois. Some of these farmers needed millions […]

Crisis Resources

Posted on: July 18th, 2018 by

Farming is good honest work, but it can be stressful and bad situations can feel overwhelming. Crisis may be as close as next harvest, or a bank not renewing the crop note. If you’re feeling like you don’t have what it takes to keep going, ask for help; there are resources available to people just […]

Joe Peiffer on the Big Show – Cash Flows

Posted on: May 8th, 2018 by

Joe Peiffer had the opportunity this week to talk with Doug Cooper on The Big Show regarding cash flows. Listen below! DC: There was some concern going into this year’s planting season that some farmers may have some cash flow issues with their bankers.  Joe Peiffer is a bankruptcy lawyer with Ag & Business Legal […]

Venue Reform & Effects for Farmers

Posted on: March 16th, 2018 by

From February 25-27 Joe Peiffer and Mark Kuhn (one of the farmers affected by the VeraSun bankruptcy in Delaware) were in Washington DC  for the Commercial Law League of America‘s Hill Day to talk with lawmakers about bankruptcy venue reform. While they were there they spoke with Doug Cooper on The Big Show about their […]

Joseph Peiffer on the Big Show Talking Venue Reform (Part 2)

Posted on: January 22nd, 2018 by

Joseph Peiffer joined Doug Cooper on the Big Show again last week to talk about the new Bankruptcy Venue Reform Act of 2018 that was recently introduced in Congress. Here’s part 2 of their conversation from January 18, 2018. Doug Cooper: Yesterday I visited with Joe Peiffer, a bankruptcy lawyer with Ag & Business Legal […]

Joseph Peiffer on the Big Show Talking Venue Reform (Part 1)

Posted on: January 22nd, 2018 by

Joseph Peiffer joined Doug Cooper on the Big Show again last week to talk about the new Bankruptcy Venue Reform Act of 2018 that was recently introduced in Congress. Here’s part 1 of their conversation from January 17, 2018. Doug Cooper: Joe Peiffer with Ag & Business Legal Strategies in Cedar Rapids, Iowa is a […]