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.
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.
· Due to anomalies in IBC, corporate NPAs can lead to bankruptcy in MSMEs: FISME "The critical reforms that MSMEs need are in areas such as banking sector and labour markets," said Anil Bhardwaj, Secretary General, FISME.
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In addition to the easy availability of credit, rising unemployment and increased cost of medical care has caused bankruptcy filings to rise. Unfortunately many Americans are unable to afford medical insurance and as a result they are unable to pay their medical bills.
· When Pacific Gas & Electric (PG&E) raised the specter of bankruptcy last summer, the investor-owned utility expected extensive charges related to liabilities from wildfires in 2017 and earlier.
This report presents data on the work of the appellate, district, and bankruptcy courts and on the probation and pretrial services systems. Below is a summary of.
The slight rise could actually be a good thing. that enabled distressed homeowners to work out deals with lenders also helped people avoid filing for bankruptcy, lawyers told MarketWatch. Creditors.
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.
Why a US-Style Housing Bust & Mortgage Crisis Can Happen in Canada, Australia, and Other Bubble Markets The subprime mortgage crisis occurred when banks sold too many mortgages to feed the demand for mortgage-backed securities sold through the secondary market.. When home prices fell in 2006, it triggered defaults.. The risk spread into mutual funds, pension funds, and corporations who owned these derivatives.
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.
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· A select few cities and other public entities across the U.S. have filed for bankruptcy as they seek to pay off debts. A total of 69 municipal bankruptcy filings have occurred since 2010, mostly.