13 N.H. business-related bankruptcies filed in July

Monthly bankruptcy filings reach eight-year low


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There were 190 bankruptcy petitions filed in U.S. Bankruptcy Court in Manchester in July – the fewest not only for this year, but for the last eight years.

The total is 27 percent lower than the amount filed in July 2013. The previous low was hit in February, when 196 petitions were filed.

Year to date, there have been 1,541 filings, a 15 percent decline from the previous year. The total so far puts the state on track for the lowest number of filings since 2006, right after the rush of filings when the rules changed in 2005 to make filing for bankruptcy more difficult.

Some 13 business-related petitions were filed in July, three less than June. Three of the petitions were filed as businesses; the remainder was made up of households with a recent business-related debt. As in past practice, NHBR will list the related businesses, not the individual:

 • D&S Drywall, Dover, filed July 7, Chapter 7. Assets: $20,384. Liabilities: $183,043

 • Northeast Firewood, Pelham, filed July 8, Chapter 7. Assets: $12,550. Liabilities: $20,155.

 • M.A. Negm LLC, Somersworth, filed July 14, Chapter 11. Assets: $2,618,636. Liabilities: $2,095,427. (Business filing)

 • Healing Wise Center, Concord, filed July 21, Chapter 7. Assets: $8,464. Liabilities: $24,033.

 • MR Concrete, Hill, filed July 24, Chapter 13. Assets: $308,140. Liabilities: $314,266.

 • Newport Dental Group, Newport, filed July 29, Chapter 7. Assets: $322,483. Liabilities: $278,263.

 • Brite & White, Northfield, filed July 31, Chapter 7. Assets: $255,665. Liabilities: $313,306.

 • 2 Fried Pies, Woodsville, filed July 31, Chapter 7. Assets: $181,306. Liabilities: $222,737.

 • American Resource Staffing Network Inc., filed July 31, Chapter 11. Assets: $1 million to $10 million. Liabilities: $10 million to $50 million. (Business filing)

 • American Resource Network Inc., Bedford, filed July 31, Chapter 11. Assets: Less than $50,000. Liabilities: $1 million to $10 million (Business filing).

 • AFAB Carpentry, Henniker, filed July 31, Chapter 7. Assets: $118,619. Liabilities: $204,694.

 • 21st Century Roofing, Claremont and Bellows Falls, 7/31, Chapter 7. Assets: $39,469. Liabilities: $232,750.

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