New Hampshire bankruptcies rise in April

94 filings recorded as number starts to tick up

May 3, 2021

Bob Sanders,

When the pandemic hit and unemployment was at modern-day record highs, the number of bankruptcies in New Hampshire fell to record lows. Now, when unemployment is down and the economy seems to be getting back to normal, so are bankruptcy filings.

There were 94 bankruptcies filings in April, two more than March – the highest number filed since April 2020, when there were 99.

After last April, bankruptcies fell steadily, reaching the low point of 54 un January. Since then, the number has started to climb. But it is still at historic lows.

Year-to-date, the monthly average is 75. In 2020, it was 88. In 2010, in the midst of the Great Recession, bankruptcies averaged 459 a month.

There were four filings with business-related debt In April, compared to eight in March, but only one business filed directly, as opposed to four in March. It was:

Joseph Rogers Builders LLC, Rochester, filed April 16, Chapter 7. Assets: Under $50,000. Liabilities: $100,000 to 500,000.

Categories: Government, News

More news from NHBR:

Turn of the leaf

Supporters of fewer restrictions on cannabis in NH see glimpse of a possible future

CEO: Manchester company a key to success of Patriot missile

A 25-person tech company in Manchester, Vibrac Precision Test Systems, anticipates explosive growth as the United States and Europe move to expand their stockpiles of Patriot defense missiles.

Landfill-siting bill praised and panned

House Bill 707, signed into law by NH Gov. Kelly Ayotte, promotes expanding existing landfills, rather than building new ones, and also establishes a seven-member committee to evaluate landfill sites.

Ayotte’s transportation plan veto raises questions about effect on NH economy

The state’s highway infrastructure is in great need of repair, according to a 2026 independent report that ties the improvements directly to the health of New Hampshire’s economy. Long-term needs are currently underfunded, says TRIP (The Road Information Program), a private, nonprofit organization that researches surface transportation issues across the country.

Health care costs pinch Granite Staters, but not as hard as rest of country

Failure to restore ACA tax cuts will only make things worse, according to U.S. Sen. Maggie Hassan

NOAA building at UNH seen as ‘transformative’ for NH

The new building in Durham’s western edge will anchor a 60-acre, mixed-use project of academic, corporate, government, residential and entertainment uses.

Child care and state-owned land updates coming to NH Zoning Atlas

The New Hampshire Zoning Atlas continues to deepen its knowledge and utility with two updates having to do with child care and state-owned property. The child care element seeks to reflect changes to local regulations for both family and center-based care as a result of the latest legislative action on the issue.

Federal and state housing legislation wrestle with affordability crisis

As Granite Staters eye ever-increasing purchase prices for a single-family home, state and federal policy makers wrestle with solutions that create more housing supply. Among them is bipartisan federal legislation on housing that is being held hostage by President Donald Trump’s fixation on a bill that would require voters to provide proof of citizenship with such documents as U.S. passports or birth certificates.

Wooden Hammer Judge Against The Background Of Dollars

Manchester and Nashua: Best bang for the buck in NH

Two New Hampshire cities are among the 10 best-run cities in the country, according to a WalletHub analysis of U.S. communities where residents get the most bang for their taxes. Manchester was rated No. 3, while Nashua was close behind at No. 5., based on a “Quality of Services” score that WalletHub developed using 36 metrics across six key service areas — financial stability, education, health, safety, economy and infrastructure/pollution.