Our model predicts that an increase of $1,000 in households' financial benefit from bankruptcy would result in a. 7% increase in the number of bankruptcy filings.
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.
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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.
Bankruptcy filings on the rise in eastern Tennessee On behalf of Richard Banks & Associates posted in Personal Bankruptcy on Friday, January 25, 2019. People who are on their way to file a bankruptcy petition at the federal courthouse in Chattanooga often feel as if they are the only ones on this path, that no one else hasas hard as they have.
Household Debt Increases as Chapter 11 Bankruptcy Filings on the Rise July 10, 2018 by Alexa P. Stephenson, Esq. Consumer debt is a reliable indicator of the trend in bankruptcy filings, as well as the health of America’s economy as a whole.
The number of farms filing for bankruptcy is increasing across the Upper Midwest. According to a new analysis from the Federal Reserve Bank.
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Midwest farm bankruptcies on the rise, with Wisconsin leading the way. of leading the nation in these farm bankruptcy filings – with 49.
However, farm bankruptcy filings increased 45 percent in the seven-state region of Nebraska, North and South Dakota, Minnesota, Iowa,
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Senior Bankruptcy Filings on the Rise. Posted on December 7, 2018. By: Crystal H. Thornton-Illar, Esq. Since 1991, bankruptcy filings by Americans who are 65 or older have tripled, according to data from the Consumer Bankruptcy Project.
A bankruptcy filing “is ultimately the only viable option to restore. energy experts say PG&E’s rates are likely to rise when the utility emerges from Chapter 11 protection, at least in the short.
Telemundo on the rise with political coverage. The utility is facing hundreds of lawsuits from victims of multiple fires. A bankruptcy filing, which is expected Tuesday, would put an immediate stop.