Bankruptcy Filings on the Rise

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,

Insolvency rates in Saskatchewan are on the rise as more and more people are filing for bankruptcy or consumer proposals. "According to the Office of the Superintendent of Bankruptcy, they.

 · The controversial bankruptcy legislation expected to be signed into law this fall by President Bush has the business community debating what.

Eighty-four farms filed for Chapter 12 bankruptcy in Wisconsin, Minnesota, North Dakota, South Dakota and Montana in the 12 months that ended in June, according to a new analysis from the Federal.

 · Nearly 20 limited liability companies for individual multifamily buildings that are linked to a federal fraud complaint are now bankrupt. The filings late last month in a U.S. bankruptcy court in.

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Tennessee filed 5.23. bankruptcies per 10,000, down 0.34 percent from a year ago. North Dakota has seen the biggest percentage increase in filings compared to this time a year ago.

Retail bankruptcies on the rise in Seattle area, even as total number of bankruptcies falls. Retailers around the country are filing for bankruptcy and closing swaths of stores, including many.

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Each year our office looks at the coming trends for consumer bankruptcy to figure out if bankruptcy filings are on the rise of will continue to fall.

Bank that initiated foreclosure action not subject to state debt-collection law Consumers also commonly report that companies impersonated an attorney or a law enforcement or government official (22%), indicated the consumer committed a crime by not paying debt (15%), or indicated that the consumer should not respond to a lawsuit (3%).

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.

OverviewBankruptcy [wex:fraud] is a [wex:white-collar crime] that commonly takes four general forms:

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.

Chelsea Emery of Reuters covers corporate bankruptcy and restructuring. On Reuters shop-talk blog, Chelsea reports that commercial.