Business bankruptcies in Colorado jumped 40 percent through September from the same period last year and could exceed 800 by year's end.
U.S. Bankruptcy Court Clerk Brad Bolton says the activity in Colorado has been steady but not dramatic. Some business officials say bankruptcies driven by the national economic crisis might not hit until early next year.
But Colorado recorded 96 filings in business bankruptcies in September, the highest monthly total since a record set in October 2005.
Filings soared in late 2005 before a new that made it harder for people to erase debts. The number dropped sharply in 2006 before rising again.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.