Nov. bankruptcies hit three-year low



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The number of New Hampshire bankruptcy filings sank to their lowest level in three years last month.Some 338 bankruptcy filings were recorded in November, 31 fewer than in October and 90 fewer than in November 2010. They were at about the same level as they were in November 2008.That brings the total filings in 2011 to 4,397. At the same point in 2010, some 5,143 filings were reported, which amounts to nearly a 17 percent decline, year to date.Three businesses filed for bankruptcy in November, five fewer than in October: • Suncook River Realty Trust LLC, Center Barnstead, filed Nov. 9, Chapter 11. Assets: $500,000 to $1 million. Liabilities: $50,000. (Motions pending to dismiss and to convert to Chapter 7.) • Scotty's Service Center LLC, Manchester, filed Nov. 11, Chapter 7. Assets: $0. Liabilities: $65,628. • Athena 22 LLC, Hollis, Nov. 16, Chapter 11, Assets and liabilities: $100,000 to $500,000. -- BOB SANDERS/NEW HAMPSHIRE BUSINESS REVIEW

 

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