Colorado bankruptcies decline 27% in October from year ago

DENVER — Colorado bankruptcy filings continued their decline from year-ago numbers in October, dropping 27.35% compared with the same period in 2020, with bankruptcy filings also declining or flat in Boulder, Broomfield, Larimer and Weld counties. 

That’s according to a BizWest analysis of U.S. Bankruptcy Court data. The state recorded 470 bankruptcy filings in October, down from 647 a year ago and one less than in September 2021. Year to date, bankruptcy filings totaled 5,493 statewide, down 23.3% from 7,164 recorded through October 2020.

Among counties in the Boulder Valley and Northern Colorado:

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• Boulder County recorded 19 bankruptcy filings in October, compared with 26 in October 2020. Year-to-date filings totaled 200, compared with 263 a year ago.
• Broomfield recorded eight bankruptcy filings in October, the same number recorded in October 2020. Year-to-date filings totaled 67, down from 90 in 2020. 
• Larimer County filings totaled 31 in October, compared with 38 a year ago. Year-to-date filings totaled 272, down from 362 through October 2020.
• Weld County bankruptcy filings totaled 31 in October, down from 49 recorded a year ago. Year to date, Weld County has recorded 384 bankruptcy filings, compared with 458 a year ago.