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Bankruptcy filings down across US, Indiana

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Bankruptcy cases filed in federal courts for the 12-month period ending Sept. 30 were down 14 percent as compared to fiscal year 2011, the Administrative Office of the U.S. Courts announced Wednesday. Filings are down more than 11 percent in the Northern and Southern District courts of Indiana.

Filings dropped by 11.6 percent in the Northern District, with 14,560 cases filed in the 2012 fiscal year as compared to 16,477 for FY 2011. In the Southern District, filings were down 11.4 percent, with 21,909 cases filed in the FY 2012 as compared to 24,727 during the previous fiscal year.

A breakdown of the cases filed in the Northern District shows 11,040 were Chapter 7, 39 were Chapter 11, 6 were Chapter 12 and 3,475 were Chapter 13. In the Southern District, 15,516 of the total filings were Chapter 7 cases, 70 were Chapter 11, 1 case was under Chapter 12, and 6,322 were Chapter 13.

Across the country, filings dropped from more than 1.467 million cases to around 1.261 million cases.

 

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  1. why is the State trying to play GOD? Automatic sealing of a record is immoral. People should have the right to decide how to handle a record. the state is playing GOD. I have searched for decades, then you want me to pay someone a huge price to contact my son. THIS is extortion and gestapo control. OPEN THE RECORDS NOW. OPEN THE RECORDS NOW. OPEN THE RECORDS NOW.

  2. I haven't made some of the best choices in the last two years I have been to marion county jail 1 and two on three different occasions each time of release dates I've spent 48 to 72 hours after date of release losing a job being denied my freedom after ordered please help

  3. Out here in Kansas, where I now work as a government attorney, we are nearing the end of a process that could have relevance in this matter: "Senate Bill 45 would allow any adult otherwise able to possess a handgun under state and federal laws to carry that gun concealed as a matter of course without a permit. This move, commonly called constitutional carry, would elevate the state to the same club that Vermont, Arizona, Alaska and Wyoming have joined in the past generation." More reading here: http://www.guns.com/2015/03/18/kansas-house-panel-goes-all-in-on-constitutional-carry-measure/ Time to man up, Hoosiers. (And I do not mean that in a sexist way.)

  4. This is why it is important to consider Long term care insurance. For you and for your loved ones

  5. I am terrified to see Fracking going on not only in Indiana but in Knox county. Water is the most important resource we have any where. It will be the new gold, and we can't live without it and we can live without gold. How ignorant are people?

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