NH starts year off with fewer bankruptcies

January filings drop off from December

February 5, 2018

Bob Sanders,

After an uptick in 2017, New Hampshire bankruptcies filings fell in the first month of this year, but just barely.

There were 124 bankruptcy filings in January, two fewer than January 2017 and one fewer than January 2016. The number also was lower than the 142 filed in December 2017.

There were four business failures, with one by a household that filed due to business-related debt. That leaves three business entities that filed for bankruptcy in January, two of them related:

• DGS Realty LLC., Concord, filed Jan. 11, Chapter 11. Assets and liabilities: $1 million to $10 million.

• Ragged Mountain Equipment Inc. dba Durable Designs, (retail and manufacturing outdoor store), Intervale, filed Jan. 25, Chapter 11. Assets: $627,409. Liabilities: $2,063.979.

• Hurricane Mountain Equipment LLC, Intervale, (real estate for above)filed Jan. 25, Chapter 11. Assets and liabilities: $500,000 to $1 million.

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