Personal Bankruptcy Filings By State. When it comes to areas with the highest rates of personal bankruptcy filings in the U.S. the south reigns supreme. For statewide rates, we find Tennessee in first place, followed by neighboring Georgia and Alabama.
Personal bankruptcies decline sharply in Massachusetts. Norwood-based Rugged Bear’s Chapter 11 bankruptcy filing in January is one of the only large, local companies to file for bankruptcy.
The study, which was published in January and summarized this week. far more expensive to file for protection under bankruptcy laws. "Our analysis suggests that the 2005 bankruptcy reform caused a.
while the personal and household goods subsector rose 2.5 per cent to $8.9 billion. The motor vehicle and parts subsector saw the largest decline in dollar terms in January as it fell 2.1 per cent to.
Personal bankruptcy filings by Illinoisans fell 8.8 percent from January through June this year, beating the national average decline of 7.9 percent, according to the National Bankruptcy Research.
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Bankruptcy filings fell by 1.8 percent for the 12-month period ending September 30, 2017, compared with the year ending September 30, 2016. This is the smallest one-year drop since a national decline in annual federal bankruptcy filings began in June 2011.
You keep your personal property, such as clothes, electronics, household furnishings and other exempt assets. Depending on your state laws, the type of bankruptcy you file, and your finances, you can sometimes retain larger assets, such as cars and the family home. 5. The two types of bankruptcy are very different tools.
Farmer bankruptcies in six Midwest states rose 30. on May 9 to review the rough Farm Belt economy. So far this year, personal income for farmers is down 25%, the steepest decline since the first.
Bankruptcy Filings Continue to Decline Published on April 26, 2018 Bankruptcy filings fell by 1.8 percent for the 12-month period ending March 31, 2018, compared with the year ending March 31, 2017.
"Year-over-year, the decline in manufacturing shipments. There were 9,020 consumer bankruptcies in February, up 25.2 per cent from a year earlier and 13.5 per cent from January, while.
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"After 17 consecutive years of steady decline, business insolvencies in Canada have reached a plateau and will likely rise in 2019.
Personal Bankruptcy Filings Decline 11.6% in 2011 " Fitch Ratings says personal bankruptcy filings declined for the first time in four years in 2011, as economic conditions improved marginally during most of the year and consumers reigned in borrowing and paid down existing debt.