July bankruptcy numbers fall from '09



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Bankruptcy filings in New Hampshire actually fell in July compared to the previous year -- the first time this has happened in the state since the fall of 2006, when the law changed to make filings more difficult.There were 473 filings in July, according to unofficial figures, 40 more than June, but 21 less than the previous July. Bankruptcy filings have been steadily climbing since October 2005, when bankruptcy law was changed to make it more difficult for individuals to file for protection.Then the recession took over, pushing the number of monthly bankruptcy filings to its peak in March -- 586.Filings have fallen on a monthly basis since, save for June, but it wasn't until July when they were lower than the same year-ago period.But the number of bankruptcies in New Hampshire is still more than triple the number they were four years ago.All but six of the filings were personal. The six business filings were: • James Hill Jr. Campground Operations, aka Tarry Ho Campground And Cottages LLC, Twin Mountain, Chapter 7 , filed July2, Assets: $ 14,940. Liabilities: $11,055. • James Hill Jr. Real Estate Properties LLC, Twin Mountain, Chapter 7. Filed July 2. Assets: $ 334,884. Liabilities: $ 430,450 • Foss Mountain Operating Corp., aka Snowvillage Inn, Eaton Center, Chapter 7. Filed July 19. Assets: $2,200.00. Liabilities: $ 1,665,573 . • Foss Mountain Holding Company LLC, Eaton Center, Chapter 7. Filed July 19.: Assets: $ 2,200.00. Liabilities: $ 827,000. • Moe Duhaime Roofing Co. Enterprises Inc., Manchester, Chapter 7. Filed July 20. Assets: $ 14,510. Liabilities: $123,876. • The Ferrite Company Inc.(microwave systems and technology), Nashua, Chapter 7. Filed July 27. Total claims: 1,036,939. -- BOB SANDERS/NEW HAMPSHIRE BUSINESS REVIEW

 

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