Colorado Bankruptcies Hit Record High

By: Associated Press
By: Associated Press

The last day of September set a record for filings at the U.S. Bankruptcy Court in Denver.

The court set a single-day record for filings with 433 on Friday.

Court officials say the record will probably fall soon. They expect a flurry of filings before stricter bankruptcy rules take effect October 17th.

The new law includes higher filing fees and requires credit counseling and debt education.

About 28,000 bankruptcies have been filed so far this year in Colorado. The total for all of last year was 27,993.

KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 1884277 -
Gray Television, Inc.