Colorado bankruptcy filings surge 35% in October

DENVER — Colorado bankruptcy filings surged 35% in October compared with the same period a year ago, the largest year-over-year increase of 2023.
October filings increased in Boulder, Larimer and Weld counties but were down in Broomfield County. 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 594 bankruptcy filings in October, compared with 440 in October 2022. Colorado recorded 489 bankruptcy filings in September.
Year-to-date filings increased 18.9% statewide, to 5,058 from 4,255 through October 2022. Individual bankruptcies increased 18.7% year-to-date, while business filings increased 28.8%.
Among…
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