Colorado bankruptcies fall 2.8% in September – Loveland Reporter-Herald

Colorado bankruptcies fell 2.8% in September from the same period a year ago.

Bankruptcy filings fell slightly in Boulder and Larimer counties, with increases in Broomfield and Weld counties.

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 458 bankruptcy filings in September, down from 471 in September 2021.

Since the start of the year, the state has recorded 3,814 bankruptcy filings, compared to 5,023 in the first nine months of 2021, down 24%.

Among northern Colorado and Boulder Valley counties:

• Larimer County filings totaled 18 in September, down from 19 a year ago. Filings in the first nine months of the year were 218, compared to 241 in the first nine months of 2021, a decline of 9.5%. Larimer County recorded 41 bankruptcy filings in August 2022.

• Weld County bankruptcy filings totaled 40 in September, compared to 32 a year ago, an increase of 25%. Year-to-date filings totaled 306, down from 353 a year ago, down 13.3%. Weld County recorded 31 bankruptcy filings in August 2022.

• Boulder County had 20 bankruptcy filings in September, down from 21 in September 2021. The county has seen 128 filings year-to-date, down from 182 in the first nine months of 2021, down 29, 7%. Boulder County recorded 10 bankruptcy filings in August 2022.

• Broomfield recorded 14 bankruptcy filings in September, down from five in September 2021. Year-to-date filings totaled 56, down from 59 a year ago, down 5%. Broomfield recorded five bankruptcy filings in August 2022.

The Larimer County filings included an involuntary bankruptcy petition for Statera Biopharma Inc., a Fort Collins biotech company.

This article was first published by BizWest, an independent news agency, and is published under a license agreement. © 2022 BizWestMedia LLC.

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