NH bankruptcy filings jumped in October
Three Granite State businesses filed for protection in month
Some 166 New Hampshire individuals and businesses filed for bankruptcy in October, 31 more than September and 25 more than October 2018 — increases of 23% and 18%, respectively. That brings average monthly filings for the year to about 153, seven more (or about 5%) than last year, but just one more than in 2017.
In October 2009, in the heart of the recession, there were 466 filings for the month.
There were three bankruptcies caused by business failures, compared to two last month:
- Boston Surface Railroad Company Inc., Concord, filed Oct. 6, Chapter 11. Assets: $166,816. Liabilities: $1,867,955.
- Carriage House Hill Confections Inc., dba Hutchinson’s Candy, Hutchinson’s, Elements of Taste, New Boston, filed Oct. 21, Chapter 7. Assets: $1,590,767. Liabilities: $373,691
- Carter’s European Auto Repair LLC, Hampton Falls, filed Oct. 28, Chapter 7. Assets: $6,667. Liabilities: $261,972.