State bankruptcies are down 15 percent from previous year.
The number of Minnesotans who filed for bankruptcy through September is down 15 percent from the same period last year. And Judge Dennis O’Brien, chief U.S. Bankruptcy Court judge in Minnesota, says he won’t be surprised if the drop is as high as 18 percent at year’s end.
O’Brien said there’s no easy explanation - other than the obvious one, “a continuing robust economy” - for this year’s decline in Minnesota bankruptcy cases.
He said case filings have ebbed and flowed throughout the ’90s: up in 1991, down in 1993 and 1994, up in 1995, 1996 and 1997 (when case filings hit a peak of 20,034 cases) and down again in 1998 and 1999. “I think the general …
Related Articles
Application on exports of electrical energy; Minnesota Power
Minnesota Power has submitted a request to extend its authority to electrical energy from the comments, protests or requests for intervention should be as follows: Office of Electricity supply and reliability of energy, E - Mail Code: OE-20, U.S. Department of Energy, 1000 Independence Avenue, Sw, Washington, DC 20585-0350 (fax
Dry, boring, irrelevant
The most amazing thing about Joan Moser's job is she stays awake for the bad litany of speeches that keep her and her partner in business. Dry, boring, irrelevant. Moser can tick off a list of chief executives and other high-ranking officials and some detail of their deadliest public speaking debacles. Call
Governor unveils plans for welfare reform in Minnesota
The governor made the first step in the welfare state reform process on Thursday. Dir Carlson office released their plans to reform welfare in Minnesota to the public at a press conference at the State Capitol. The welfare of the state changes are the result of a new federal law abolished,
Feds Target credit repair Web fraud
The U.S. Federal Trade Commission (FTC) announced Monday that operators of more than 180 sites offer "credit repair" services were to find that their claims against the state and federal laws. The procedure lasts after investigators over 45 criminal prosecution authorities public and private advocacy groups of consumers have spent a
Consumer as a class action against certified Insurance Co.
A federal judge upheld a class action suit against the consumer Commonwealth Country Title Insurance Co., submitted by the homeowners, said they were overloaded as insurance, if it refinanced, because it never said that the right to a premium expected. The decision by U.S. District Judge Eduardo C. Robreno to Alberton
USA another class.
The state Consumer Protection has entered into legal acts, landscapes for cases of product liability, said Allison Alcasabas and Joaquina Lazaro Recent decades have seen the emergence of creative strategies disputes related product liability litigation in the USA. Requirements simply seeking money for damage, injured consumers, which cover a design error
Director of house plans promoter Bill amending child custody law
A hearing on disputed proposed radical changes in Minnesota's child custody laws ended Wednesday with the chief House sponsor separate bill of the action of its own subcommittee. "We always try to do something this meeting," said Rep. Andy Dawkins, DFL-St. Paul, Chairman of civil law and family law subcommittee. "I
Minnesota companies targeted in St. Clair County
Lawyers high level of the injury St. Louis company Brown & Crouppen we have two other complaints against Medtronics Inc. of Minnesota residents claimed knowledge of the company sells defective defibrillators. Angel complainant Jones and Mack Herron, Illinois residents claim they have suffered damage to the economy and injury, because their
Northwest Airlines exits bankruptcy
Northwest Airlines, the last U.S. carrier in bankruptcy, left court protection Thursday after reducing its operating costs to the point where they are now close to the lowest in the industry. The company used its 20 months in bankruptcy to carve $2.4 billion, or 20 percent, from its annual expenses. It
Texas prof killed in Minnesota car accident ...
Wright John Cook, a professor and Senior Research Scientist at the University of Texas-Austin Department of Human Ecology, died Monday due to persistent injury to two car accident in Minnesota. He was 68 Wright was a pioneering researcher in the field of media and human development. He worked with his wife