Colorado bankruptcies decline 37% in January

DENVER — Colorado bankruptcy filings dropped 37.6% in January compared to the same period a year ago, continuing a pattern of declines seen throughout 2021.

Filings also dropped in Boulder, Larimer and Weld counties, with only Broomfield recording a single filing more than in January 2021.

That’s according to a BizWest analysis of U.S. Bankruptcy Court data. Numbers cited include all new filings, including open, closed and dismissed cases. Colorado recorded 317 bankruptcy filings in January, compared with 508 in January 2021.

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Among counties in the Boulder Valley and Northern Colorado:

• Boulder County recorded 14 bankruptcy filings in January, compared with 23 in January 2021, down 39%.
• Broomfield recorded five bankruptcy filings in January, up from four in January 2021.
• Larimer County filings totaled 15 in January, compared with 20 a year ago, down 25%.
• Weld County bankruptcy filings totaled 30 in January, down from 38 recorded a year ago, down 21%.