Wiese v. Appeal of Community Bank of Central Wisconsin
Court of Appeals for the Seventh Circuit
1Opinion of the Court
TINDER, Circuit Judge.
Walter and Carla Wiese are dairy farmers, and they borrowed money from Community Bank of Central Wisconsin to expand their dairy operation by building a new barn and buying additional cows. Unfortunately, the expansion of the dairy operation was not profitable. When the Wieses defaulted on the loan repayment, the Bank commenced foreclosure and re-plevin actions in state court on the collateral in which the Bank held security interests. The Wieses then filed for Chapter 12 bankruptcy, a voluntary type of bankruptcy specifically designed for family farmers. As part of the…
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