Bankruptcy filings in Colorado continued to decline from last year’s figures in November, falling 26.47% from the same period in 2020, with bankruptcy filings also down in counties. Boulder, Broomfield and Larimer. Weld County saw an increase in bankruptcy filings during the month.
That’s according to a BizWest analysis of US Bankruptcy Court data. The state recorded 411 bankruptcy filings in November, down from 559 a year ago and 59 fewer than in October 2021. Since the start of the year, bankruptcy filings totaled 5,904 bankruptcy filings across the board. state, down 23.55% from the 7,723 recorded until November 2020.
Among the counties in the Boulder Valley and northern Colorado:
Boulder County recorded 12 bankruptcy filings in November, up from 20 in November 2020. Year-to-date filings were 212, up from 283 a year ago.
Broomfield recorded two bankruptcy filings in November, up from four in November 2020. Deposits so far this year totaled 69, up from 94 in 2020.
Larimer County deposits totaled 23 in November, up from 36 a year ago. Deposits since the start of the year totaled 295, up from 398 as of November 2020.
Weld County’s bankruptcy filings totaled 34 in November, up from 25 a year ago. So far this year, Weld County has recorded 418 bankruptcy filings, up from 483 a year ago.