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Month: May 2024

Bankruptcy Filings Decline in CT, increase in NY

Bankruptcy Filings Decline in CT, increase in NY

Bankruptcy filings over the past year in 2023 declined slightly in Connecticut, with a four percent drop in overall filings, yet increased by forty seven percent in the Eastern District of New York, which includes Long Island, Queens and Brooklyn. Bankruptcy filings have increased in the United States by about sixteen percent in 2023 for individuals, but are still well below pre-COVID numbers. Business filings increased by forty percent for 2023. Bankruptcy filings peaked in 2010 and have declined over…

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