Concord school district faces $5m budget shortfall
The district recently received an unexpected $2 million bill from the risk pool that administers its health insurance, part of a debt shared by dozens of school districts across the state
15 N.H. businesses file for February bankruptcy
But total number of filings continues on downward slide
The total number of New Hampshire bankruptcy filings dipped below 200 in February for the first time this decade — indeed, the first time since October 2006. That’s the good news.
The bad news: 15 failed businesses contributed to the filings.
Some 197 households and businesses filed for bankruptcy in February, a dozen fewer than January and 18 percent fewer than February 2013 – a trend that has continued, at roughly the same percentage rate, over the past two years.
Only one business filed as a business, but there were 14 individuals who filed with business-related debt. Business-related filings jumped from January, when there were only six such filings. As in past practice, NHBR will list the related businesses, not the individual:
• Wilderness Adventures Hunting and Angling Club, Hillsboro, filed Feb. 3, Chapter 12. Assets: $1 to $10 million. Liabilities: $500,000 to $1 million.
• Roy's Concrete Flooring, Hooksett, filed Feb. 5, Chapter 7. Assets: $266,654. Liabilities: $297,911.
• Archer Construction, Georges Mills, filed Feb. 7, Chapter 7. Assets: $15,306. Liabilities: $98,963.
• Reinhold Construction (aka Reinhold Painting), Seabrook, filed Feb. 14, Chapter 7. Assets: $89,671. Liabilities: $564,919.
• Paint-n-Go, Double D-Professional Scratch Repair, Canterbury, filed Feb. 15, Chapter 13. Assets: $232,876. Liabilities: 479,252.
• One and a Half Ass Acres Potbelly Pig Sanctuary, Canaan, filed Feb. 17, Chapter 7. Assets: $166,872. Liabilities: $208,648.
• Timberchief, Newport, filed Feb. 18, Chapter 13. Assets: $254,200. Liabilities: $235,334.
• Kickstart Apparel, formerly Dr. Buckle & Mr. Hyde, Laconia, filed Feb. 18, Chapter 7. Assets: $10,452. Liabilities: $77,365.
• AGMJ International, Salem, filed Feb. 20, Chapter 7. Assets: $8,946. Liabilities: $76,349.
• Monarch Technology Solutions LLC, Manchester, filed Feb. 20, Chapter 7. Assets: $18,993. Liabilities: $151,477. (Corporate filing)
• Albany Handyman Service, Albany, filed Feb. 26, Chapter 7. Assets: $176,494. Liabilities: $209,411.
• DRM Remodeling, Middleton, filed Feb. 26, Chapter 7. Assets: $181,573. Liabilities: $160,862.
• Completed Tasks Building & Remodel, also Completed Tasks, LLC, Manchester, filed Feb. 27, Chapter 7. Assets: $23,526. Liabilities: $22,293.
• PJS Magic Touch Hair Studio, Suncook, filed Feb. 27, Chapter 7. Assets: $7,837. Liabilities: $60,799.
