Rhode Island Bankruptcy Information Center

Bankruptcy RI Law Blog of Former Chapter 7 Trustee David Hathaway

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Bankruptcy filings on the rise in Rhode Island
September 1, 2007 chapter 13

After the new bankruptcy law was passed in 2005, the number of bankruptcy filings in Rhode Island declined significantly.

Now the number of bankruptcy filings is rising. In the first quarter of this year 583 Rhode Islanders filed for bankruptcy, according to court records, which is nearly double last year’s filings.

bankruptcy filings are rising