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.
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!
BEBdata blog presents bankruptcy records of the 2014 Chapter 7 Filings & Discharges. CA leads the pack with almost double the runner up state of FL.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
In the first half of 2014, there were 310,210 Chapter 7 Discharges. This reflects a 35% decline in Chapter 7 Discharges compared to the first half of 2012 which totaled 477,367.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
The Top 10 States (by volume) represent 53.5% of the year to date total Chapter 7 Discharges.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
One of the biggest problems independent auto dealers have is getting financing to run their credit operations. Now, a Milwaukee-area entrepreneur with a long auto sales pedigree has come up with a way to help dealers raise more money, and lower their financing costs while allowing a new group of investors to get into the auto finance business.
Read more from this great article by George Yacik by clicking here.
Filings and Discharges are down respectively by 10% from the first 42 weeks of 2013 compared to the first 42 weeks of 2012. Filings declined 10.6% while Discharges declined by 10.5%.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
The top 10 states for Chapter 7 Discharges comprise 54.7% of all discharges year-to-date. Leading the pack is California with 15% of the total Discharges and over twice as many as the runner-up, Florida.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.