Bankruptcy Filings on the Rise

Nineteen states saw Chapter 12 bankruptcy filings increase in 2018. Increases in bankruptcy levels were highest in New York, followed by.

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.

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PG&E spokeswoman Lynsey Paulo said she was unsure whether the bankruptcy filing would prompt the utility to ask regulators to change.

After experiencing a sharp drop in the first quarter of 2006, the rate of bankruptcy filings has begun to rise. The lull in late 2005 and early 2006 is thought to be a result of tough new bankruptcy legislation. Given the recent uptick, however, it looks like the bankruptcy legislation did little more than temporarily [.]

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Bankruptcies on the rise. A recent article in the Pittsburgh Post-Gazette indicates that bankruptcies are once again on the rise. With the economy in a deep recession and unemployment hovering at over 10% with no end in sight, this comes as no surprise.

The Am law 100 firm tracks Chapter 11 bankruptcy filings by entities with assets greater than $1 million and releases a quarterly report. The quarterly reports use Chapter 11 filing data as a way to measure the financial distress in the overall US economy, as well as the real estate and healthcare sectors.

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.

MINNEAPOLIS (AP) – The number of farms filing for bankruptcy is increasing across the Upper Midwest. A new analysis from the Federal Reserve Bank of Minneapolis shows 84 farms filed for bankruptcy in.

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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.

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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.