Personal Bankruptcies Decline in January

 · Nova Scotia – there were 3,522 personal bankruptcies and 2,166 consumer proposals filed in the 12-months ended january 31, 2019. personal bankruptcies were down 6.2% and consumer proposal filings were up 12.2% as compared to the 12-months ended January 31, 2018.

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Bankruptcy filings fell by 1.8 percent for the 12-month period ending September 30, 2017, compared with the year ending September 30, 2016. This is the smallest one-year drop since a national decline in annual federal bankruptcy filings began in June 2011.

According to the US Bankruptcy Courts and Farm Bureau Calculations, Upper Mid-West states such as Wisconsin, Montana, North Dakota and South Dakota rose 45% in a period of 12 months spanning June 2017 to June 2018.

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Potential factors. credit counseling and debt negotiation companies have made a huge impact in helping resolve debts before the need for bankruptcy strikes. Further, even minor economic improvement, such as a decrease in the unemployment rate, are making a significant impact in the lives of many.

BOSTON (MarketWatch) — When it comes to the economy, foreclosures are bad, but bankruptcies are worse. So Wednesday’s good news that the U.S. Foreclosure Index showed a decline in the number of.

Personal bankruptcies decline sharply in Massachusetts. Norwood-based Rugged Bear’s Chapter 11 bankruptcy filing in January is one of the only large, local companies to file for bankruptcy.

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Marketplace Lending & Personal Bankruptcy: Cause and Effect We highlight an interesting academic paper released last summer that studies the link between personal bankruptcies and marketplace lending. January 22, 2019 By Mike McEnaney Leave a Comment

Personal Bankruptcies Decline Sharply In Massachusetts. Norwood-based Rugged Bear’s Chapter 11 bankruptcy filing in January is one of. the number of personal bankruptcy filings dropped 6.

Following a botched foray into e-commerce, concurrent with the continued decline of its print business, century-old hobbyist publisher F+W Media has filed for Chapter 11 bankruptcy protection. by.

Law360 (January 23, 2006, 12:00 AM EST) — A surge in consumer bankruptcy filings has unexpectedly forced Bank of America Corp., the second-largest U.S. bank, to report its first profit decline in.