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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.
Filings for bankruptcy protection continued to fall nationwide last year — with the exception of individual Chapter 13 filings, which increased significantly.
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 Southern District of Indiana wishes to say thank you to the following attorneys for the many hours they’ve volunteered to assist underrepresented individuals.
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.
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.
The remainder of a multi-million-dollar judgment won by Cohen & Malad against the former Celadon Trucking Services is providing welcome support to civil legal aid in Indiana.
Federal court clerk’s offices across the Southern District of Indiana are now closed to the public indefinitely as the months-long COVID-19 pandemic continues.
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.
The federal courthouses in the Southern Indiana District will reopen to the public July 6 and in-person court proceedings will begin resuming on a staggered schedule. All individuals will be required to answer screening questions to be allowed inside courthouses and to wear facemasks in all public spaces.
All visitors and occupants of every Southern District of Indiana courthouse will be required to wear protective face masks, Chief Judge Jane Magnus Stinson announced in a Friday order. Those who refuse could be found in contempt of court.
A major home appliance company could not convince the 7th Circuit Court of Appeals to rule in its favor in a Chapter 11 appeal as it sought to reclaim goods sold to now-defunct Indianapolis-based retailer HHGregg on the eve of its bankruptcy.
Bankruptcies filings increased slightly in the year ending Dec. 31, 2019, continuing an uphill trend of such filings after nearly a decade of annual decline, the federal courts reported.
Indianapolis-based Celadon Group Inc., which is auctioning off its assets in bankruptcy, isn’t just shedding trucks and real estate — it’s also selling Andy Warhol artworks.
A man who pleaded guilty to sexual exploitation of a child and possession of child pornography has been sentenced to 200 years in federal prison, the federal prosecutor’s office for the Southern District of Indiana announced.