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There was a 5% increase in total bankruptcy filings in July 2019 from the previous month. There were 64,283 bankruptcy filings, up from 62,241 for the same period last year. There were 452,797 filings in the first seven months of.Read more Bankruptcy Filings on the Rise
The bill aims to increase access to Chapter 12 bankruptcy by raising the Chapter 12 debt limit to $10 million, from roughly .4 million currently. While Chapter 12 farm bankruptcy filings were down 1% throughout the U.S. in 2018, Kansas farmers continued to be hit hard by tariffs, low commodity prices, falling asset values and weather.
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 increase in bankruptcy filings is a noteworthy shift given bankruptcy levels fell during calendar year 2018 compared to 2017." On Friday, Matt Egan reported at CNN Online that, " Banks in America’s heartland have found themselves in the crossfire of President Donald Trump’s trade war with China.
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Farmer Bankruptcies on the Rise by Clinton Griffiths. However, for perspective, Chapter 12 bankruptcy filings when looking at nationwide numbers are still below the highs of 2010..
· Bankruptcy Filings Indicate Times Are Tough For Many U.S. Farmers Bankruptcies for farmers in the Midwest have risen sharply. Some farmers have been hit by a trifecta of bad circumstances: trade.
US luxury department store chain Barneys New York Inc. filed for Chapter 11 bankruptcy on Tuesday and put itself up. That is on top of pressure from online retailers that have emerged with the rise.
· Bankruptcy filings in the Buffalo-Rochester region in July increased 9.8% from a year ago, to 346, according to the U.S. Bankruptcy Court for the Western District of.
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Attorney David R. Chenelle has forwarded an article from the New York Post concerning the increase in bankruptcy on a nationwide basis. Both personal and corporate filings have been growing with some experts seeing families rely on consumer debt in order to pay bills.