Bankruptcy Filings on the Rise

Bankruptcy documents filed by UPG March 24 show revenue dropped to $153.1 million. claims that are currently projected at.

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Senior Bankruptcy Filings on the Rise. Posted on December 7, 2018. By: Crystal H. Thornton-Illar, Esq. Since 1991, bankruptcy filings by Americans who are 65 or older have tripled, according to data from the consumer bankruptcy project.

For generations, area farmers have taken pride in working the land and creating a business to one day pass down to their children. With tough economic times and bad weather, some men and women are.

Bankruptcy filings are on the rise. May bankruptcy filings increased 2% year-over-year, according to this week’s release from the American Bankruptcy Institute. Commercial filings jumped 3% last month compared to May 2018. Commercial Chapter 11 filings increased 7% in May to nearly 500.

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 Hawaii On The Rise, Report Says Hawaiipublicradio. The number of Hawaii bankruptcy filings in May grew by double digits over the same month last year, the U.S. Bankruptcy Court District of Hawaii reported.

Pacific Gas & Electric Co.’s announcement this week that it will file for bankruptcy raises concern that rates for electricity and gas will rise and that victims of. California’s deadly 2017 and.

Consumer debt is on the rise, and when 35% of married and 39% of nonmarried. It’s a dilemma, and some people may be considering absolving their debt. Israel’s path to filing for bankruptcy, from.

Healthcare financial distress is increasing faster than the distress level of the. The Am Law 100 firm tracks Chapter 11 bankruptcy filings by.

For bankruptcy filings by businesses from large corporations to tiny sole proprietorships, the dance started in November 2015. At first it was the.

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.