DENVER — Colorado bankruptcies fell 6.4% in October from the same period a year ago.
Bankruptcy filings decreased slightly in Boulder, Broomfield and Weld counties and increased slightly in Larimer County.
That’s according to a BizWest analysis of US bankruptcy court data. The figures quoted include all new filings, including cases opened, closed and dismissed. Colorado recorded 440 bankruptcy filings in October, down from 470 in October 2021.
Since the start of the year, the state has recorded 4,254 bankruptcy filings, compared to 5,493 in the first 10 months of 2021, down 22.5%.
Among Boulder Valley and Northern Colorado counties:
- Weld County bankruptcy filings totaled 39 in October, up from 31 recorded a year ago, an increase of 26%. Year-to-date filings totaled 345, down from 384 a year ago, down 10%. Weld County recorded 40 bankruptcy filings in September 2022.
- Boulder County saw 17 bankruptcy filings in October, down from 19 in October 2021. The county has had 145 filings year-to-date, down from 201 in the first 10 months of 2021, down 28%. Boulder County recorded 20 bankruptcy filings in September 2022.
- Broomfield recorded eight bankruptcy filings in October, similar to October 2021. Year-to-date filings totaled 64, down from 67 a year ago, down 4.5%. Broomfield recorded 14 bankruptcy filings in September 2022.
- Larimer County filings totaled 22 in October, down from 31 a year ago. Filings in the first 10 months of the year were 240, compared to 272 in the first 10 months of 2021, a decrease of 11.8%. Larimer County recorded 18 bankruptcy filings in September 2022.
This article was first published by BizWest, an independent news agency, and is published under a license agreement. © 2022 BizWestMedia LLC.