During the 12-month period ending December 31, 2014, 936,795 cases were filed in federal bankruptcy courts, down from the 1,071,932 bankruptcy cases filed in calendar year 2013—a 12.6 percent drop in filings.
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SUCCESSFUL NADA 2015
Everybody is back from a great show in San Francisco, CA. NADA (National Auto Dealers Association) 2015 was fantastic and it was great to see so many of our valued clients in one place. Thanks to everyone that made this year’s NADA 2015 one of the best yet!
Don’t forget that NADA is moving the convention date in 2016, breaking from the traditional January/February timeframe. The 2016 NADA Convention will be held in Las Vegas, Nevada from March 31 – April 3rd. Hope to see you there!
NADA BOUND
The BEBdata tribe is putting the final touches on plans for our attendance at the 2015 NADA Convention & Expo. This is the “it” conference for the auto industry and we never miss it!
This year’s keynote speakers include Jeb Bush and Jay Leno! For a complete listing of speakers click here.
Excellent workshops such as, “Exceptional Experience that Win Digital Buyers” and “NexGen Dealers Leading the Future Their Way Today” are only a few of the exciting and trending topics that will be discussed.
We’ll have the latest information on BK trends and you can review our data card by clicking below! Hope to see you there!
BK Declines for 5th Straight Year
2014 Bankruptcy Highlights
- Total BK Filings down 12% in 2014
- Less than 1 million BK Filings – first time in 7 years
- Non Commercial Filings total 875,635, down 11%
- 2013 average nationwide per capital BK Filing rate was 3.33. In 2014, it dropped to 2.93
Stats taken from article provided by Subprime Auto Finance news. Click here to read it in its entirety
CH7 FILINGS|DISCHARGES – TOP 10 STATES BY VOLUME
Consumer Bankruptcy Data – YTD Top 10 States Chapter 7 Filings
Report: Distressed private student loan borrowers driven into default
Interesting article from Central Valley Business Times on Student Loan borrowers.
Struggling private student loan borrowers describe being driven into default with very little information or help when they get in trouble, no affordable loan modification options available, and alternatives to default that are temporary at best, read more here.
October 2014 QR Code
Have you scanned this month’s BEB-Business Extension Bureau calendar QR Code?
We’ve got a special message for you.
You can also click here to see it!
CHAPT 7 Filings & Discharges YTD
Can you answer this equation?
What is the sum of:
With Earvin “Magic” Johnson as a keynote speaker, marketers from 30+ countries and tons of sessions focused on data and marketing, the answer is DMA2014! Check out more about this fantastic conference by clicking here.
We’ll be there and in “full force”! Are you attending this year’s premier marketing event? Check out our short video on the show! Click on the icon below to view.