Tag Archives: bankruptcy data

2013 – 2012 Bankruptcy Trends

2014-01-21Comparing 2012 to 2013 BK Filings & Discharges, our data shows that Chapter 7 Filings were down by 10.2% with almost 76,000 fewer filings in 2013. Chapter 7 discharges dropped by over 90,000 representing an 11.5% decrease from 2012.

Chapter 13 filings increased by over 13,000 to show an almost 5% increase (4.6%) while Chapter 13 discharges increased by 36.8% with 39,000 more in 2013.

Please note: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications

The New Car Gal

Mary Barra - GM CEOLast Tuesday, GM’s board named Mary Barra, a 33-year company veteran, as its next CEO, making her the first woman to lead a major car company.

Barra replaces Dan Akerson, who moved up retirement plans by several months to help his wife, Karin, battle advanced cancer.

When Barra starts her new job on January 15, she will lead a company that’s made nearly $20 billion since emerging from bankruptcy in 2010, much of it from the cars and trucks she helped develop. But she still faces challenges…read more by clicking here.

Europe Needs a Bankruptcy Union

2013-12-11
The Wall Street Journal featured an article from Simon Nixon entitled “What Europe Really Needs is a Bankruptcy Union”.  The article goes on to say that few measures would transform the investment landscape of Southern Europe as much as a European version of the US Chapter 11.  Read the article in its entirety by clicking here.