Bankruptcy Filings on the Rise

Once she filed for bankruptcy and knew she would be losing the cards, she went on a shopping spree, but all she bought was toilet paper and.

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A total of 26 companies have made bankruptcy filings so far this year, with 20 of those filing since May, according to the report.. Number of US E&P operators making bankruptcy filings seen as.

Farm bankruptcies are on the rise in the Upper Midwest, according to a new report from the Federal Reserve, doubling from their recent lows in 2014. At least 84 farms filed for bankruptcy from.

Total bankruptcy filings in October 2018 increased 17 percent compared to the 57,596 total filings in September 2018, according to the news release. The ABI also reports the average nationwide per capita bankruptcy filing rate for October 2018 increased slightly to 2.49 (total filings per 1,000 per population) from the filing rate of 2.48 during the first nine months of 2018.

Bankruptcies on the rise? Consumer credit counseling agency says, ‘maybe’ For years bankruptcy filings in Western New York have been on the decline, as lenders tightened credit and consumers shied.

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Although personal bankruptcies are down, not all bankruptcy filings have decreased. Chapter 11 filings, which is most commonly used by businesses, are on the rise. Under a Chapter 11 bankruptcy, the court may allow the business to follow a plan to reorganize their debts so it can pay its creditors while continuing to operate the business.

More retail bankruptcy filings are expected in the second half of the year, and bricks-and-mortar stores will continue to close at a higher rate,

Furthermore, all of these states have high concentrations of dairy, corn and wheat producers – helping to explain the rise in farm bankruptcies. Figure 3 identifies the year-over-year change in farm.

Following years of low farm income, bankruptcies are on the rise.. said the depressed farm economy is driving the uptick in bankruptcy filings.

So she sat in courtrooms, listening to one hard-luck story after another. She interviewed lawyers and judges, duplicated bankruptcy filings on a sturdy copier – nicknamed R2-D2 – that she hauled.

unprecedented changes in the number and types of bankruptcy cases filed.. rebound in bankruptcy filings, others forecast an increase in pro se filings, and.

Those aged 65 and older have more debt than previous generations, and an increasing portion are filing for bankruptcy in hopes of relieving. an increase in out-of-pocket medical spending, a rise in.