POSTED: 12:35 p.m. HST, Jul 01, 2011
Hawaii bankruptcy filings in June were down 25.6 percent from June of last year, largely in the numbers of Chapter 7 liquidation and Chapter 13 wage-earner cases.
Chapter 11 business reorganization filings were up with seven cases filed in June versus two a year ago.
The highest profile bankruptcy case last month was Hawaii Medical Center. The former St. Francis Medical Centers in Liliha and Ewa, filed for Chapter 11 bankruptcy protection on June 21, less than a year after emerging from bankruptcy.