Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for Jan. 16 through Jan. 22. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers whose gross debt does not exceed $1.5 million); and Chapter 13 (a plan to repay some debts in three to five years). Businesses can file Chapter 11 petitions to reorganize their debts under a court-approved plan for repayment.
