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Abstract
The determinants of repeat Chapter 12 bankruptcy filings are assessed for the state of Georgia from 2008 to 2018. The probability of repeat filing is estimated using a logistic regression on the filer’s financial characteristics, filing/procedural circumstances, and the economic conditions at the time of the filing. The US courts’ PACER tool and FJC’s IDB are utilized as the primary data sources for the formulation of unique datasets to classify and categorize future filings. The total liabilities, one-year lagged prime rate, and dismissal in the prior case are positively associated with the probability of repeat filing, whereas a negative association is observed with total assets, farm earnings, and the percentage change in employment. We conclude that the filer’s financial, filing situation, and economic environment at the time of filing all contribute significantly to the occurrence of recurrent farm bankruptcy filings by the same entity.