One New Hampshire business filed for bankruptcy in November
Number of total filings is lowest in years
Only one New Hampshire business filed for bankruptcy protection in November, after none did so in October, which was one of the rare months with no such filings.
There were five filings with business-related debt in November, the same as October month, but the other four filing were as individuals.
Altogether, some 135 individuals and businesses filed for bankruptcy in November, six fewer than October and 10 fewer than November 2017. Indeed it was the lowest number of bankruptcy filings since 1989 (except for 2005, the first month after current bankruptcy law, which made it much harder to file for protection, went into effect).
There have been 1,602 bankruptcy filings in New Hampshire year to date, an average of 146 a month or six fewer than last year.
The business that filed for bankruptcy was:
• Eric D. Young Inc., dba 1/2 Off Cards of Merrimack, 1/2 Off Cards of Rindge, Gilford Gift Outlet, Laconia, filed Nov. 7, Chapter 7. Assets: $24,049. Liabilities: $150,389.