{"id":776,"date":"2014-09-29T22:47:45","date_gmt":"2014-09-29T22:47:45","guid":{"rendered":"http:\/\/www.krbecheklaw.com\/?p=776"},"modified":"2014-09-29T22:47:45","modified_gmt":"2014-09-29T22:47:45","slug":"huge-decline-in-california-bankruptcy-filings","status":"publish","type":"post","link":"https:\/\/fresnolawyerblog.com\/?p=776","title":{"rendered":"Huge Decline in California Bankruptcy Filings"},"content":{"rendered":"<p>The federal bankruptcy courts publish detailed statistics on bankruptcy filings.\u00a0 California has four federal judicial districts, with Fresno located in the Eastern District.<\/p>\n<p>The 2011-2014 bankruptcy filings for the Eastern District of California show a substantial decline, as shown in this table:<\/p>\n<table style=\"height: 90px; background-color: #00f5f5;\" border=\"2\" width=\"500\" cellspacing=\"2\" cellpadding=\"2\">\n<tbody>\n<tr style=\"height: 40px;\">\n<td style=\"text-align: center;\" valign=\"bottom\" width=\"75\"><span style=\"font-family: Arial; font-size: small;\"><span style=\"color: black;\">\u00a0<\/span><\/span><\/td>\n<td style=\"text-align: center;\" valign=\"center\" width=\"75\"><strong><span style=\"font-family: Arial; font-size: small;\">E.D. Cal. total filings<\/span><\/strong><\/td>\n<td style=\"text-align: center;\" valign=\"center\" width=\"75\"><strong><span style=\"font-family: Arial; font-size: small;\">Chapter 7 cases<br \/>\n<\/span><\/strong><\/td>\n<td style=\"text-align: center;\" valign=\"center\" width=\"75\"><strong><span style=\"font-family: Arial; font-size: small;\">Chapter 11 cases<br \/>\n<\/span><\/strong><\/td>\n<td style=\"text-align: center;\" valign=\"center\" width=\"75\"><strong><span style=\"font-family: Arial; font-size: small;\">Chapter 12 cases<br \/>\n<\/span><\/strong><\/td>\n<td style=\"text-align: center;\" valign=\"center\" width=\"75\"><strong><span style=\"font-family: Arial; font-size: small;\">Chapter 13 cases<br \/>\n<\/span><\/strong><\/td>\n<\/tr>\n<tr style=\"height: 30px;\" valign=\"middle\">\n<td style=\"text-align: center;\"><span style=\"font-family: Arial; font-size: small;\">2014<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">24,030 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">19,634 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">109 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">18 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">4,269 \u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 30px;\" valign=\"middle\">\n<td style=\"text-align: center;\"><span style=\"font-family: Arial; font-size: small;\">2013 <\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">32,635 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">25,930 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">187 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">30 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">6,487 \u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 30px;\" valign=\"middle\">\n<td style=\"text-align: center;\"><span style=\"font-family: Arial; font-size: small;\">2012 <\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">42,850 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">33,761 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">201 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">37 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">8,846 \u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 30px;\" valign=\"middle\">\n<td style=\"text-align: center;\"><span style=\"font-family: Arial; font-size: small;\">2011 <\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">53,888 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">42,957 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">234 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">38 \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">10,659 \u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 30px;\" valign=\"middle\">\n<td style=\"text-align: center;\"><span style=\"font-family: Arial; font-size: small;\">\u00a0Decrease<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">55% \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">54% \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">53% \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">53% \u00a0<\/span><\/td>\n<td style=\"text-align: right;\"><span style=\"font-family: Arial; font-size: small;\">60% \u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>What does this mean for the future?\u00a0 Hard to tell, as the Central Valley remains in the grip of a years-long drought.\u00a0 Agricultural revenues will remain depressed, which will not help the local economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The federal bankruptcy courts publish detailed statistics on bankruptcy filings.\u00a0 California has four federal judicial districts, with Fresno located in the Eastern District. The 2011-2014 bankruptcy filings for the Eastern District of California show a substantial decline, as shown in this table: \u00a0 E.D. Cal. total filings Chapter 7 cases Chapter 11 cases Chapter 12 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6],"tags":[],"class_list":["post-776","post","type-post","status-publish","format-standard","hentry","category-developments","category-economics"],"_links":{"self":[{"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=\/wp\/v2\/posts\/776"}],"collection":[{"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=776"}],"version-history":[{"count":0,"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=\/wp\/v2\/posts\/776\/revisions"}],"wp:attachment":[{"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fresnolawyerblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}