Articles

Federal courts report bankruptcies continue to decline

Continuing a trend of recent years, bankruptcies nationwide declined for the fiscal year that ended June 30, 2019, U.S. Courts reported. Overall personal bankruptcies declined slightly, though business filings increased for just the third time this decade. Indiana’s Southern District bankruptcy numbers, however, told a different tale.

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Bankruptcy court seeks comment on proposed rule changes

The United States Bankruptcy Court for the Northern District of Indiana is seeking public comment concerning proposed changes to the court’s local rules. The proposed changes to Rule B-4004-2, now known as Discharge in Chapter 13 Cases, would make the rule applicable to both Chapter 12 and 13 cases.

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Filings for bankruptcy continue to fall

Bankruptcy filings in federal courts continued their downward slide with more than 250,000 fewer cases filed for the year ending March 31, 2018, than were filed during the same period in 2014, according to the Administrative Office of the U.S. Courts.

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Decline in bankruptcy filings is smallest in years

National data released Wednesday by the United States Courts suggests a continuing decline in bankruptcies may be plateauing. Bankruptcy filings fell by 1.8 percent for the 12-month period ending September 30, 2017, compared with the year ending September 30, 2016.

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Bankruptcy filings drop in Indiana

Bankruptcy filings in the U.S. Bankruptcy Courts, Northern and Southern Districts of Indiana, fell for the 12-month period ending March 31 as compared to the same time in 2013, according to the United States Courts.

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AG turns over $331k to East Chicago in RICO case

Racketeering litigation that began in 2004 against former East Chicago Mayor Robert Pastrick ended Thursday as Indiana Attorney General Greg Zoeller turned over more than $331,000 the state collected from Pastrick and co-defendants to the city.

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