New Hampshire bankruptcy filings continue to remain in record low territory

51 filed in November with monthly average of 62 for 2021

December 1, 2021

Bob Sanders,

One thing is certain during the uncertainty of this pandemic: Not many people or businesses in New Hampshire are going bankrupt.

Fifty-one individuals filed for bankruptcy protection in the state in November, just short of the modern record by three – and that was a record set in September. In October, there were 54, just as in January and July. So far this year, the monthly average of filings is little over 62, nearly 30 percent lower than last year.

It all means that it looks like there will be a record low number of bankruptcy filings when the books are closed on 2021.

As for business filings, two personal filings included business-related debt, compared to six in October. Two businesses filed directly, compared to three in October. They were:

NI Holdings Inc., fdba as Novus Imaging Inc., Moultonborough, filed Nov. 16, Chapter 7. Assets: $0. Liabilities: $215,953.
SmartFit 640 Holdings Inc., Portsmouth, filed Nov. 23, Chapter 7. Assets: $32,000. Liabilities: $175,001.

Categories: Law, News

More news from NHBR:

Professional Lawyer Or Attorney Researching Legal Cases And Providing Advice While Typing On A Laptop With The Symbolic Scales Of Justice On A Wooden Desk In An Office

Council postpones vote on hiring law firms

Londonderry’s Town Council is at odds over legal matters pertaining to hiring outside law firms to handle complaints and allegations of misconduct against the town manager.

U.S. DOL issues 4 new wage, hour opinion letters

On May 28, 2026, the U.S. Department of Labor’s Wage and Hour Division (DOL) published four new opinion letters addressing a variety of Fair Labor Standards Act (FLSA) questions.

Magnifying Glass On Fraud Document For Investigative Research, C

New lawsuit alleges coordinated fraud

As Service Credit Union (SCU) seeks a new chapter of federal bankruptcy for an unfinished senior living campus in Littleton, it filed a lawsuit in state court last month against the owners and lenders, whom it accuses of coordinated fraud and embezzlement involving a $30 million SCU construction loan.

Developing in commercial zones, dead-end roads

The New Hampshire House and Senate sent three bills to Gov. Kelly Ayotte intended to enable more housing construction, overcoming opposition from the New Hampshire Municipal Association and others.

Home rules

Landmark legislation that originated in New Hampshire 43 years ago is being put to the test today as for-profit investors snap up manufactured home communities here and across the country.

A Vibrant Individual Stands Out From The Crowd Representing Uniq

Nonprofit ‘members’ in NH: what statutory membership really means

When a public charity is formed, the focus is often on the organization’s purpose, the application for 501(c)(3) tax-exempt status and board structure.

Bill allowing employers to skirt 2-hour minimum pay law fails in NH Senate

A bill that would have allowed New Hampshire employers to set their own minimum pay policy for workers, skirting the state’s two-hour requirement, died in the state Senate after passage by the House two months ago.

Digital Identity Security And Protection Strategy Latch

The compliance trap in lead-generation services

This article outlines key considerations for U.S.-based companies that offer lead-generation services — i.e., selling lists of contact information for use in marketing or direct outreach.

NH WARN: what employers need to know about layoff notices

Workforce reductions are never easy. Whether driven by economic uncertainty, industry shifts or strategic restructuring, layoffs can be some of the most difficult decisions business leaders face. At the same time, workforce reductions carry legal obligations that are easy to overlook, particularly under state law. In New Hampshire, one of the most misunderstood of those obligations is the state’s WARN Act.