New Hampshire bankruptcies fall in February
Year over year, a slight dip in filings was recorded
This year is starting out a little better than 2017 it comes to bankruptcy filings in New Hampshire.
Some 130 households and businesses filed for protection in February, about seven fewer than February of last year, though six more than in January 2018. It wasn’t a February low – there were 127 February filings in 2016, but it was a lot fewer than February 2010, when there were 586 filings.
All of this indicates that after nearly a decade of double-digit declines in bankruptcy filings since the recession, their number has plateaued, at least for now.
There were five business failures, compared to four in January, but three were by individuals with business-related debt.
The two pure business filings were related to one business:
• EAC Fitness LLC d/b/a Total Transformation Women, fdba Get in Shape for Women, Nashua, filed Feb. 12, Chapter 7. Assets: $10,964. Liabilities: $84,938.
• Total Transformation LLC, d/b/a Total Transformation Woman’s Wellness Center, Nashua, filed Feb. 12, Chapter 7. Assets: $150. Liabilities: $52,289.