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NH Bankruptcies Declared .....Portsmouth NH Real Estate-Portsmouth NH Real Estate-www.patricia4realestate.com

Just read about bankruptcies in NH ~ While some experts see the recession easing, there was no letup in the number of bankruptcies filed in June.

Some bankruptcies were declared in New Hampshire – 412 households and 11 businesses -- 27 percent more than last June, and the most in that month since 1988. That brings the half-year total to 2,475, also a 27 percent increase over the previous first half of the year.

If filings continue to come in at the same pace, that would mean nearly 5,000 New Hampshire households and businesses would have filed by the end of the year, more than any year on record, save when the bankruptcy law changed in 2005, which led to a rush of filings.

What's the bankruptcy news in your neck of the woods?

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Patricia Aulson/ Portsmouth nh real estate Hampton NH Real Estate www.patricia4realestate.com

Posted Thursday Jul 02

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