Bankruptcy Filings on the Rise

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Commercial and Consumer Bankruptcies on the Rise | ACA – Commercial bankruptcy filings totaled 3,371 in October 2018, an 11 percent increase from the 3,041 commercial filings in October 2017," according to the news release. "The 67,546 total U.S. bankruptcy filings in October 2018 registered a 5 percent increase over the October 2017 total of 64,616.

Chapter 7 bankruptcy filings on the Rise – Nolo’s. – Chapter 7 Bankruptcy Filings on the Rise An article on Newsweek’s website asserts that chapter 7 bankruptcy filings are following an upward trend , with more and more people seeking bankruptcy protection, despite recent changes to the law making it more difficult to file.

Farmer Bankruptcies on the Rise | Agweb.com – According to the 7th Circuit Court of Appeals in the Midwest Illinois, Indiana and Wisconsin saw twice as many farmers declared bankruptcy in 2018 compared to those that did during 2008.

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new bankruptcy law Archives – Rhode Island Bankruptcy. – After the new bankruptcy law was passed in 2005, the number of bankruptcy filings in Rhode Island declined significantly. Now the number of bankruptcy filings is rising. In the first quarter of this year 583 Rhode Islanders filed for bankruptcy, according to court records, which is nearly double last year’s filings.

Bankruptcy: No longer a free ride | Lueder, Larkin & Hunter – A Chapter 7 filing by a debtor generally indicates that the debtor's. this legislation has given rise to an increase of Chapter 13 bankruptcy filings and a reduction.

WSU tab for physician group bankruptcy may top $16M – Court OKs nonprofit practice’s reorganization plan and its exit from bankruptcy protection It suddenly filed for Chapter 11 in November UPG. projected at approximately $10.7 million, but could rise.

Commercial and Consumer Bankruptcies on the Rise – according to the latest report from the American Bankruptcy Institute. For example, commercial Chapter 11 filings increased 75 percent in October 2018 over October 2017, according to a news release.

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FAQ Ruben Law Firm – Bankruptcy – In addition to the easy availability of credit, rising unemployment and increased cost of medical care has caused bankruptcy filings to rise. Unfortunately many Americans are unable to afford medical insurance and as a result they are unable to pay their medical bills.

Farm bankruptcies on the rise in Minnesota, Wisconsin. – Farm bankruptcies on the rise in Minnesota, Wisconsin.. A new analysis from the federal reserve bank of Minneapolis shows 84 farms filed for bankruptcy in Wisconsin, Minnesota, North Dakota.

Oklahoma Chapter 7 and Chapter 13 Bankruptcy Filings on the. – (In October, 2005, Congress passed the Bankruptcy Abuse and Consumer Protection Act making Chapter 7 bankruptcy income-dependent and more difficult to file for individuals and married couples). These Oklahoman bankruptcy attorneys and officials believe Chapter 7 & Chapter 13 bankruptcy filings will continue to rise for several reasons.