Bankruptcy filings are continuing to climb nationally, with a 13% increase for the 12-month period ending Sept. 30 compared to the same span of months a year prior, according to data from the Administrative Office of the U.S. Courts.
Bankruptcy filings in Indiana’s Northern and Southern Districts fell in 2021 and 2022. But those filing numbers are starting to finally creep up, with year-over-year increases reported in the Northern and Southern Districts and nationally in June.
Seafood restaurant group Red Lobster LLC could not net a reversal from the Court of Appeals of Indiana on a ruling denying its motion for summary judgment in a negligence case.
Filings for bankruptcy protection continued to fall nationwide last year — with the exception of individual Chapter 13 filings, which increased significantly.
The 7th Circuit Court of Appeals has revived a bankruptcy collections dispute, remanding the case to resolve a trustee’s petition to recover funds paid to a creditor. In doing so, the appellate court overturned a 39-year-old precedent.
Filings for bankruptcy protection are continuing to drop nationwide, with personal and business bankruptcy filings falling 11.7% for the 12-month period ending Sept. 30.
The U.S. Bankruptcy Court for the Northern District of Indiana is seeking public comment on proposed changes to the court’s local rules concerning Chapter 12 and 13 bankruptcies.
Bankruptcy filings are continuing to plunge, falling nearly 30% for the 12-month period that ended Sept. 30. But the downward trend could be the calm before the storm.
Bankruptcy filings took a nosedive over the past year that resulted in the lowest number of 12-month filings since 1985, the Administrative Office of the U.S. Courts announced Wednesday.
St. Joseph Superior Court Magistrate Judge Paul E. Singleton has been appointed to a 14-year term as bankruptcy judge in the Indiana Northern District based in South Bend. Singleton will take office July 29, succeeding bankruptcy Judge Harry C. Dees, Jr.
Tina L. Nommay has been named acting U.S. attorney for the Northern District of Indiana, continuing her record of breaking gender barriers by becoming the first woman to lead that office.
Economists thought economic turmoil caused by the COVID-19 pandemic would cause bankruptcy filings to surge. Instead, they’ve plummeted, which is forcing bankruptcy practitioners across the state to cut costs or find other work to fill the void.
An Indiana trial court order in favor of a Hammond homeowner in her quiet title action following a bankruptcy was vacated Friday by the Indiana Court of Appeals, which found the trial court lacked jurisdiction.
A nonlawyer who prepared bankruptcy petitions for northern Indiana clients has pleaded guilty to two counts of subornation of perjury for falsely claiming in court filings that she was paid half the fee she actually charged clients.
Filing fees for bankruptcy petitions in the Southern District of Indiana will increase in less than a month, the bankruptcy court has announced.
Despite continued high unemployment related to the coronavirus pandemic, personal and business bankruptcy filings in the United States continued a sharp decline for the second straight quarter.
If you thought the COVID-induced recession would cause a spike in bankruptcy filings, you’d be wrong. In fact, according to one Indianapolis practitioner, “bankruptcies are in the toilet.” But that doesn’t mean bankruptcy practitioners are sitting idle, as existing clients still need their service. More than that, a wave of new clients is likely coming.
Comments from the public are now being sought by the United States Courts on numerous appellate, bankruptcy, civil and criminal rules.
Personal and business bankruptcy filings posted a decline in the year ending June 30, despite a sharp rise in national unemployment stemming from the impact of the novel coronavirus pandemic.
Applications are being accepted through Aug. 10 for a pending vacancy in the bankruptcy court for the Northern District of Indiana in South Bend.