16 N.H. business-related bankruptcies filed in June

But total filings continue their slide


Published:

Some 1,351 New Hampshire households and businesses filed for bankruptcy in the first half of the year.

That’s not only 13.5 percent fewer than last year, but it was the lowest number since 2006, right after the rush of filings after the rules changed in 2005 to make filing for bankruptcy more difficult.

In June, 209 households and businesses filed for bankruptcy protection, 23 fewer than May and 45 fewer than June of 2013.

There were 16 business-related filings, six fewer than in May. Seven businesses filed as businesses. The rest were households with business-related debt. As in past practice, NHBR will list the related businesses, not the individual:

 • L&L Laundry, LR Contracting, Bath, filed June 5, Chapter 7. Assets: $128,074. Liabilities: $198,164.

 • Middle Branch Farm, New Boston, filed June 5, Chapter 12. Assets: $310,520. Liabilities: $228,109.

 • Steady Hands Music Studio, Nashua, filed June 6, Chapter 7. Assets: $26,314. Liabilities: $90,554.

 • D&D Mechanical, Franklin, filed June 10, Chapter 7. Assets: 227,016. Liabilities: $754,530.

 • Donovan Construction, Wolfeboro, filed June 10, Chapter 13. Assets: $30,550. Liabilities: $181,486.

 • Audioplex Technology Inc., Tuftonboro, filed June 11, Chapter 7. Assets: $801,924. Liabilities: $624,926. (Business Filing)

 • Advanced Ceiling Systems LLC, Bedford, filed June 12, Chapter 7. Assets: less than $50,000. Liabilities: $500 to $1 million. (Business filing)

 • Absolute Mobility LLC, Nashua, filed June 13, Chapter 7. Assets: $635. Liabilities: $462,408. (Business filing)

 • Four Ferry Road Realty Holding LLC, Bedford (property in question in Bow), filed June 16, Chapter 11. Assets: $10,000. Liabilities: $12,487. (Business filing)

 • PM Cross LLC, Hooksett, filed June 19, Chapter 11. Assets: $2,211,018. Liabilities: $2,183,885. (Business filing)

 • Robin's Nest Jewelry Designs, Merrimack, file June 20, Chapter 7. Assets: $247,475. Liabilities: $113,140.

 • Latva Machine Inc., Newport, filed June 20, Chapter 11. Assets: Less than $50,000. Liabilities: $1 million to $10 million. (Business filing)

 • Bryler LLC, Concord, (principal assets are in Maine) filed June 25, Chapter 11. Assets and liabilities: $100,000 to $500,000. (Business filing)

 • Longhaul Farm, Pavilion in the Woods at Longhaul Farm, Cross Country Contracting, Holderness, filed June 25, Chapter 13. Assets and liabilities: $100,000 to $500,000.

 • Pedicures Plus Nail Salon, Newport, filed June 27, Chapter 7. Assets: $8,730. Liabilities: $15,228.

 • Currier Auto Repair, Whitefield, filed June 30, Chapter 13. Assets and Liabilities: Less than $50,000.


 

NHBR Poll