Colorado bankruptcies increase 8% in January

DENVER — Colorado bankruptcies increased 8.2% in January compared with the same period a year ago, but filings were mostly flat in the Boulder Valley and Northern Colorado.

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 343 bankruptcy filings in January, compared with 317 in January 2022.

The state recorded 5,092 bankruptcy filings in 2022, compared with 6,281 in 2021.

Among counties in the Boulder Valley and Northern Colorado:

• Boulder County recorded 14 bankruptcy filings in January, the same as the prior year. The county recorded 174 filings in 2022, down from 222 in 2021, down 21.6%. Boulder County recorded 13 bankruptcy filings in December 2022.
• Broomfield recorded one bankruptcy filing in January, down from five in January 2022. 2022 filings totaled 75, compared with 72 in 2021, up 4%. Broomfield recorded three bankruptcy filings in December 2022.
• Larimer County filings totaled 16 in January, compared with 15 a year ago. Filings in 2022 totaled 292, compared with 312 in 2021, a drop of 6.4%. Larimer County recorded 25 bankruptcy filings in December 2022.
• Weld County bankruptcy filings totaled 24 in January, down from 30 recorded a year ago, a decrease of 20%. Filings in 2022 totaled 408, compared with 446 a year ago, down 8.5%. Weld County recorded 24 bankruptcy filings in December 2022.

Source: BizWest