14 N.H. businesses file for bankruptcy in November

A 16% drop from last year

December 3, 2013

Bob Sanders,

The number of New Hampshire bankruptcy filings settled down a bit in November after October’s upsurge.

All told, there were 14 business-related filings, 11 of which were filed as individuals with business-related debts. In October, there were 23 business related-filings, the highest number this year.

Altogether, there were 227 bankruptcy filings in November, 19 percent fewer than in October and 16 percent lower than November 2012. It’s the second-lowest total in 2013, and the lowest November number since 2006, the first year after bankruptcy laws were toughened.

Here are the business-related filings:

• T.D. Wade Construction, Moultonborough, filed Nov. 7, Chapter 7. Assets: $12,252. Liabilities: $263,774. (Individual)

• Bob's Painting, Hudson, filed Nov. 8, Chapter 7. Assets: $2,264. Liabilities: $65,892. (Individual)

• Cloverdale Feed & Farm Supply, Contoocook, filed Nov. 11, Chapter 13. Assets: $80,568. Liabilities: $60,693. (Individual)

• N.H. Pinecrafts; MA & PA's Candies, Boscawen, filed Nov. 15, Chapter 7. Assets: $80,568. Liabilities: $60,693. (Individual)

• The Magic Flute LLC, dba Magic Flute Child, Peterborough, filed Nov. 15, Chapter 11. Assets: less than $50,000. Liabilities: $500,000 to $1 million.

• Syl Lapierre Masonry, Belmont, filed Nov. 21, Chapter 7. Assets: $26,050. Liabilities: $198,240. (Individual)

• Affordable Beemer Services LLC, Manchester, filed Nov. 21, Chapter 7. Assets: $7,482. Liabilities: $97,198.

• Wild Ride LLC, Derry, filed Nov. 24, Assets: $0. Liabilities: $85,215.

• Middle Class, Manchester, filed Nov. 26, Chapter 13. Assets: $27,900. Liabilities: $314,971. (Individual)

• Dad's Vending and Games, Monroe, filed Nov. 27, Chapter 7. Assets: $161,199. Liabilities: $255,853. (Individual)

• Duke of Saab, Sandown, filed Nov. 30, Chapter 13. Assets: $232,627. Liabilities: $324,548. (Individual)

• Renaissance Hair Salon. Hooksett, filed Nov. 30, Chapter 7. Assets: $12,590. Liabilities: $35,311. (Individual)

• S&K Carpentry, Canaan, filed 30, Chapter 7. Assets: $436,536. Liabilities: $664,346. (Individual)

• Trees for Life, Portsmouth, filed Nov. 30, Chapter 7. Assets: $3,881. Liabilities: $75,609. (Individual).

Categories: News

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