Not surprisingly, bankruptcy numbers inversely follow the rise and fall of commodity prices. After a comparatively steep spike in chapter 12 filings during the Great Recession-that 2010 peak-ag prices started rising across the board, and bankruptcies logically pivoted and started to decline.
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according to the latest report from the American Bankruptcy Institute. For example, commercial Chapter 11 filings increased 75 percent in October 2018 over October 2017, according to a news release.
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 this week. May cases showed a 14.3% increase from 2018, with 144 cases filed last month as compared to 126 cases in May last year.
farm debt rose to $409 billion, with the average size of loans in the 4th quarter at $74,190, the highest 4th quarter level in history. However, for perspective, Chapter 12 bankruptcy filings when.
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South Dakota bankruptcy filings on the rise. 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. The numbers, if they continue to hold, suggest that the steady decline in filings since the height.
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.
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.
BANKRUPTCIES are increasing at an alarming rate in several key economies around the world.Australia, Britain, and Canada have seen bankruptcy filings rise 50 percent or more within the past year. A.
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.