Thursday, November 26, 2015         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

Bankruptcy filings drop in June

Business reorganizations rose

By Erika Engle

LAST UPDATED: 11:28 a.m. HST, Jul 1, 2011

Bankruptcy filings in June were down 25.6 percent from June of last year.

The drop came largely in the numbers of personal filings, via Chapter 7 liquidation and Chapter 13 wage-earner cases. Chapter 11 business reorganization filings were up 250 percent, totaling seven cases versus two cases filed in June a year ago.

However, part of the high 2011 number is due to Hawaii Medical Center and its east and west facilities filing separate bankruptcy cases, which now have been consolidated.

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

You must be subscribed to participate in discussions