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Bankruptcy filings across state fall for 10th consecutive month

By Star-Advertiser staff

POSTED: 01:30 a.m. HST, May 03, 2014

~~<p>The downward trend in Hawaii bankruptcy filings maintained its momentum in April, with the number of new cases declining by 21 percent from the same month a year ago, according to a report Friday from U.S. Bankruptcy Court.</p>
<p>The number of bankruptcy filings fell to 162 in April from 206 in April 2013. It was the 10th consecutive monthly decline in bankruptcies on a year-over-year basis. The April total was one less than in March.</p>
<table width="45%" class="infoboxright_table" align="right">
<tbody>
<tr>
<td><b>SEEKING RELIEF</b> <br />
<i>Bankruptcy filings in April fell from a year ago:</i>
<table border="0" cellspacing="2" cellpadding="1">
<tbody>
<tr align="left" valign="top">
<td>&nbsp;</td>
<td><strong>2014</strong></td>
<td><strong>2013</strong></td>
<td><strong>PCT. CHANGE</strong></td>
</tr>
<tr align="left" valign="top">
<td>Chapter 7</td>
<td>112</td>
<td>157</td>
<td>-28.7%</td>
</tr>
<tr align="left" valign="top">
<td>Chapter 11</td>
<td>0</td>
<td>3</td>
<td>&mdash;&mdash;</td>
</tr>
<tr align="left" valign="top">
<td>Chapter 13</td>
<td>50</td>
<td>46</td>
<td>8.7%</td>
</tr>
<tr align="left" valign="top">
<td>Total</td>
<td>162</td>
<td>206</td>
<td>-21.4%</td>
</tr>
</tbody>
</table>
~~

The downward trend in Hawaii bankruptcy filings maintained its momentum in April, with the number of new cases declining by 21 percent from the same month a year ago, according to a report Friday from U.S. Bankruptcy Court.

The number of bankruptcy filings fell to 162 in April from 206 in April 2013. It was the 10th consecutive monthly decline in bankruptcies on a year-over-year basis. The April total was one less than in March. SEEKING RELIEF Bankruptcy filings in April fell from a year ago:   2014 2013 PCT. CHANGE Chapter 7 112 157 -28.7% Chapter 11 0 3 —— Chapter 13 50 46 8.7% Total 162 206 -21.4% Login for more...



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