New Hampshire ends 2018 with 4.2 percent drop in bankruptcies
144 total filings recorded in December
Despite an uptick in filings in December, New Hampshire closed the year with fewer bankruptcies in 2018 than the year before.
Some 144 individuals and businesses filed for bankruptcy protection in December, nine more than in November and one more than in December 2017. The December filings brought the total of bankruptcies for the year to 1,746, a 4.2 percent drop from the 1,823 filed in 2017, the first year since the recession when bankruptcy filings rose, though very slightly. Bankruptcies declined 9 percent in 2016 and went down by double digits in each of the previous five years.
Three of the filings in December were from business-related debt, down from five in November. One filed as a household, but two filed as businesses:
• CSR Masonry Corp., New Boston, filed Dec. 11, Chapter 7. Assets: $5,900. Liabilities: $317,714.
• Futuro Inc., dba Futuro Construction, Portsmouth, filed Dec. 28, Chapter 7. Assets: $55,696. Liabilities: $550,073.