Bankruptcy In Pennsylvania: Explore The Alternative
March 23, 2023
Bankruptcy In Pennsylvania: Explore The Alternative According to the U.S. Census Bureau, the total state and local government debt in Pennsylvania was $82.6 billion in 2019.According to the American Bankruptcy Institute, there were 14,834 total bankruptcy filings in Pennsylvania in 2020. Of the total filings in 2020, 11,526 were Chapter 7 bankruptcy cases, which is…
What You Should Know About Bankruptcy In Puerto Rico
March 23, 2023
What You Should Know About Bankruptcy In Puerto Rico In 2021 Puerto Rico’s debt was estimated to be around $74 billion, which is a significant burden for a territory with a population of about 3.2 million people. Puerto Rico’s debt crisis has been building for several years, driven in part by factors such as a…
Considering Bankruptcy In New Jersey? Consider The Alternative First
March 23, 2023
Considering Bankruptcy In New Jersey? Consider The Alternative First According to data from the United States Courts, there were 9,467 bankruptcy filings in New Jersey in the 12-month period ending on September 30, 2020. Of these filings, 6,947 were Chapter 7 bankruptcies, which involve the liquidation of assets to pay off debts, and 2,514 were…
Consider Your Options Before Filing For Bankruptcy In Florida
March 22, 2023
Consider Your Options Before Filing For Bankruptcy In Florida According to the United States Courts, the Middle District of Florida had the highest number of bankruptcy filings among all the districts in Florida in 2021. Middle District of Florida had 36,786 total filings (26,047 Chapter 7 filings, 10,080 Chapter 13 filings, 659 Chapter 11 filings),…
An Alternative To Bankruptcy In New York
March 22, 2023
An Alternative To Bankruptcy In New York According to the United States Bankruptcy Court for the Southern District of New York, which includes Manhattan, the Bronx, and Westchester County, the total number of bankruptcy filings in 2020 was 6,942. As of September 2021, the total debt of New York State was approximately $70 billion. This…