Bankruptcy Filings on the Rise

 · On behalf of Christopher Todd Morrison, P.C. posted in bankruptcy on Wednesday, September 11, 2019. The latest report about bankruptcy filings produced by Supreme Court Chief justice john roberts indicated that filings have reached their lowest number since 2010.

(In October, 2005, Congress passed the Bankruptcy Abuse and Consumer Protection Act making Chapter 7 bankruptcy income-dependent and more difficult to file for individuals and married couples). These Oklahoman bankruptcy attorneys and officials believe Chapter 7 & Chapter 13 bankruptcy filings will continue to rise for several reasons.

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A unit of Reliance Communications Ltd., Anil Ambani’s distressed telecom firm, has filed for bankruptcy protection.

Minow’s provocative juxtaposition of child soldiers with drug-dealing youths and established bankruptcy procedures with the.

“Bankruptcy Booms Among Older Americans,” says the New York Times, while the Washington Post tells us that “Bankruptcy filings surging for.

Bankruptcy filings rise to 6,000 a day as job losses take toll. christine dugas,, June 4, 2009. Consumer and commercial bankruptcy filings are on pace to reach a stunning 1.5 million this year, according to a report from Automated Access to Court Electronic Records. While well below the record 2 million filings in 2005, the.

The rise in senior debt comes at a time when the wealth gap. they are inundated with credit card offers again.” So do bankruptcy filings achieve anything, from a public policy perspective? The.

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.

"As they died off one by one, Musso’s endured, weathering the rise of the counterculture. "Longevity spelled backwards.

SEATTLE — Restaurants Unlimited, which runs several restaurants in the Seattle area, is filing for bankruptcy — and they say the rise in minimum wage has played a role. Its restaurants can be found.

Bankruptcies in the upstream sector are on the rise this year as commodity prices have fallen with little sign of a rebound anytime soon, according to Haynes and Boone LLP, which regularly tracks.