An Alternative To Bankruptcy In Colorado
March 31, 2023
Colorado’s debt per resident is approximately $1,953. According to the U.S. Courts, in 2020, there were a total of 7,803 bankruptcy filings in the District of Colorado. Out of these filings, 4,800 were Chapter 7 bankruptcies, 2,894 were Chapter 13 bankruptcies, and the remaining nine were Chapter 11 bankruptcies. In 2019, there were a total…
In Debt In Minnesota? Explore Minnesota’s Alternative To Bankruptcy
March 31, 2023
As of 2021, Minnesota’s total state debt is estimated to be around $15.3 billion. This debt is composed of both general obligation debt, which is backed by the full faith and credit of the state, and revenue debt, which is backed by specific sources of revenue. The state’s debt per capita is estimated to be…
An Alternative To Bankruptcy In North Dakota
March 30, 2023
As of September 2021, North Dakota’s total state debt was approximately $4.4 billion, according to the US Debt Clock. This includes both general obligation debt and revenue debt. North Dakota has a relatively low debt per capita compared to other states. As of 2020, North Dakota’s debt per capita was $5,303, which ranked it as…
What You Should Know About Bankruptcy In North Carolina
March 30, 2023
North Carolina’s debt per capita is around $528, which is below the national average. North Carolina’s debt as a percentage of gross domestic product (GDP) is approximately 2.4%, which is also below the national average. As of 2021, North Carolina had a bankruptcy filing rate of 2.93 per 1,000 residents, which is below the national…
Bankruptcy In Virginia: What You Need To Know
March 30, 2023
According to the latest available data from the US Census Bureau as of 2021, the state of Virginia had a total outstanding debt of approximately $16.5 billion. This includes both general obligation debt and revenue debt. In terms of per capita debt, as of 2019, Virginia had a per capita debt of $2,006, which is…