The number of oil and gas bankruptcy filings through mid-August has nearly equaled the total tally from 2018, and the aggregate debt from 2019 bankruptcy filings of almost $20 billion has already.
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,
The number of bankruptcy filings in South Dakota jumped by 36 percent in the first two months of 2018, according to numbers released by the U.S. Bankruptcy Court for the District of South Dakota.
Bankruptcy firm Hoyes, Michalos and Associates, which handles around 15 percent of bankruptcies in Ontario, recently said that people between the ages of 23 and 38 are filing insolvency at a faster.
Year-to-date 26 North American exploration and production (E&P) companies have filed for bankruptcy, the law firm said, noting a sharp uptick.
Bankruptcy on the rise for the elderly. legal ease: bankruptcy on the rise for the elderly. Of elder households who filed for bankruptcy in 2016, 78 percent made less than the median income.
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This follows after Forever 21 US filed for Chapter 11 that will allow them to take positive. The label also maintained that it is ready for the rise in demand from consumers as the peak season in.
(In October, 2005, Congress passed the Bankruptcy Abuse and Consumer Protection Act making Chapter 7 bankruptcy income-dependent and more difficult to file for individuals and married couples). These Oklahoman bankruptcy attorneys and officials believe Chapter 7 & Chapter 13 bankruptcy filings will continue to rise for several reasons.
May’s commercial filing total represented a 7% increase from the April commercial filing total of 3,351. The average nationwide per capita bankruptcy filing rate in May of 2017 was 2.57 (total filings per 1,000 per population), a slight increase from the 2.54 filing rate average for the first four (4) month of the year January through April.
Elder bankruptcy is on the rise. Here’s why The number of elders who filed for bankruptcy has increased to 12% from 2% in 1991, a study by a group of university professors has found, according.
Where family farm bankruptcies. are on the rise. From July 2017 through June 2018, there were 467. chapter 12 bankruptcy filings nationwide.