Four N.H. businesses file for bankruptcy in April
The 305 total bankruptcy filings was the lowest number filed in April since 2007
While the number of New Hampshire people and businesses filing for bankruptcy was up in April from the five-year monthly low recorded in March, the total still represents a big drop from 2012.
Some 305 bankruptcy filings were recorded in April, the lowest number filed in that month since 2007. The total was 20 percent lower than the number of filings recorded in April 2012.
Four businesses filed for bankruptcy:
• Cousin Sam’s Pizzeria & Brew Inc., Rochester, filed April 3, Chapter 7. Assets: $50,000. Liabilities: $60,923.
• E.J. Shea LLC (restaurant), Hopkinton, filed April 12, Chapter 7. Assets: $360,010. Liabilities: $368,829.
• PM Cross LLC, related to MTS Associates LLC golf cart sales and services business, Hooksett, filed April 24, Chapter 11. Assets: $1,117,638. Liabilities: $ 1,158,267.
• Chichester Condominium Corp., Chichester, filed April 25, Chapter 11. Assets: $100,000 to $500,000. Liabilities: $1 million to $10 million.