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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.
Household Debt Increases as Chapter 11 Bankruptcy Filings on the Rise. According to the Administrative Office of the U.S. Courts (AOUSC), consumer filings fell 1.8 percent to 779,828 for the 12-month period beginning april 2017 through March 2018, compared to the prior 12 months when 794,492 consumers filed bankruptcy.
Bankruptcy filings on the rise. In 2005, bankruptcy filings totaled more than 2 million. By comparison, Gerdano expects there will be more than 1.6 million new bankruptcy filings by the end of 2010. The institute also said that bankruptcies totaled 126,270 in June, a jump of 8.5% from the same month in 2009, when they totaled 116,365.
If you are considering filing for bankruptcy in Washington State, you will not be alone. The Seattle area is bucking the national trend in which bankruptcy filings are on the decline.. According to the statistics on hand with the Western District of Washington Bankruptcy Court, bankruptcy filings seems to be on the rise in 2011 when compared to the number of filing in 2010.
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The number of Chapter 12 filings has been on the rise since 2014, according to CoBank. There were about 380 filings in 2014. That number spiked to just more than 500 in 2017, according to the report. Joseph A. Peiffer, an agriculture bankruptcy attorney based in Cedar Rapids, Iowa, told DTN he too expects to see more farmers filing for Chapter 12.
Bankruptcy filings in northern Ohio are on the rise this year after seven years in decline. Individuals and families looking for a fresh financial start in the region have increased in four of the last seven months, with June and July 2017 showing troubling double-digit increases on previous year-on-year periods.
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Bankruptcy Filings on the Rise Back to Bankruptcy Article Index Data from the U.S. Bankruptcy courts released recently showed that there were almost one million individuals and businesses seeking bankruptcy protections as an option to relieve their debt in the 12-month period ending June 30.
Bankruptcy filings have jumped in the tampa bay area this year as many. Job growth is strong, wages are starting to rise. But a day spent in Room 100-C reveals a starker picture, one of people who.