Bankruptcy numbers point to slowdown
It isn˜t time to hit the panic button yet, but the superheated regional economic expansion of the past few years may be in for an early frost. That˜s because bankruptcy filings throughout northern Front Range communities in Colorado and Wyoming are posting their highest percent increases since the local economic meltdown of the mid-1980s.In 1996, U.S. Bankruptcy Court in Colorado received 16,336 petitions under regulations governing Chapters 7,11 and 13. That represents a 20 percent increase over the number of petitions filed in 1995, which saw a greater than 6 percent increase over 1994.
In the Denver area, defined by…
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