Bankruptcy Filings on the Rise

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And it appears that the bankruptcy filings won’t slow down anytime soon; the March 2009 total of 121,413 filings was up 24 percent from February 2009’s total of.

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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.

The number of Albertans filing for bankruptcy this year has risen compared to the first quarter of 2018.The first quarter of 2019 saw the number of consumer insolvencies in Alberta rise by 15.

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.

Recent increases in the number of bankruptcy filings and foreclosures suggest we may be reaching. The Star Tribune’s Nov. 26 article, “Farm bankruptcies are on the rise, and bankers worry that far.

 · Bankruptcy Filings on the Rise Again According to some reports, more individuals are reorganizing their debts and bankruptcy filings are on the rise. The increase is due to more individuals filing for Chapter 13. Chapter 7 bankruptcy filings are actually down a little from past months.

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Under Chapter 7, the most common type of bankruptcy filing, 85 cases were filed in May 2019, an increase of 7.6% from May 2018. There was also a 23.4% increase in Chapter 13 filings over the same period last year. A total of 58 cases were filed this month in contrast to 47 filed in May 2018.

Under pressure from mortgage debt and falling incomes, more Hampton Roads consumers resorted to personal bankruptcy in 2010. And the number of filings shows no sign of subsiding this year,

Last month, florida foreclosure filings hit their highest point since December 2010. One out of every 268 florida homes received a foreclosure filing in October, adding over 33,000 homeowners to the ranks of those searching for a Florida foreclosure defense attorney. Currently, over 162,600 Florida homes are.

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If you may be filing a Chapter 7 or Chapter 13 bankruptcy soon, your first step should be a phone call to an experienced bankruptcy attorney. Tony R. Bertolino is the managing partner of Bertolino LLP, a law firm with attorneys in Austin, Houston, and San Antonio who practice bankruptcy law .