This Week
  • Williamson businesses and residents are signing up to become part of a solar system.

  • RIT, RGH hold opening ceremonies for RIT's Clinical Health Sciences Center.

  • Thomas Bonadio has grown the Bonadio Group into the nation's 40th largest CPA firm.

  • Steve General Contractor was founded in 1973 by a Jamaican immigrant.

  • Tim Dougherty found satisfaction in creating a nutritional lifestyle.

  • The 2015 edition features an exclusive interview with Paychex CEO Martin Mucci.

Region's bankruptcy filings continue to decline

Rochester Business Journal
November 2, 2012

Rochester-area bankruptcy filings last month continued a more than yearlong decline.

Filings in the federal court’s nine-county Rochester division dropped 5.3 percent in October, falling to 162 from 171 a year ago.

Year-to-date filings were down 13.7 percent, falling to 1,816 from 2,105 in the first 10 months of 2011. The court’s Rochester region includes the counties of Monroe, Ontario, Livingston, Wayne, Seneca, Yates, Steuben, Schuyler and Chemung.

In October, 111 area bankruptcy petitioners filed Chapter 7 cases and 51 filed Chapter 13s. There were no Chapter 11 cases filed.

Chapter 7 filers sell assets to create a fund to pay creditors some or all of what they are owed. Chapter 13 filers, usually consumers, and Chapter 11 filers, which are most often businesses, make plans subject to creditor and court approval to pay some or all of their debts over time.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail

What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment


Not registered? Sign up now!

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google