Comparison should include

• explaining common causes of bankruptcy
• failure of the agribusiness
• failure to plan and budget
• illness and/or injury
• evaluating the terms of bankruptcy and the effect each has on an individual’s financial future
• explaining the advantages and disadvantages of declaring bankruptcy
• assessing the need for legal advice in bankruptcy cases.

Comparison should also include a definition and explanation of

• bankruptcy
• Chapter 7: liquidation
• Chapter 9: municipalities
• Chapter 11: reorganization
• Chapter 12: family farmers and fishermen
• Chapter 13: repayment plan
• Chapter 15: foreign cases.

Process/Skill Questions:

• What are the different types of bankruptcies?
• Why would an agribusiness file for bankruptcy?