Business

Whatcom County bankruptcy filings down nearly 19 percent in 2014

Bankruptcy filings in Whatcom County dropped significantly in 2014, nearly returning to pre-recession levels.

Last year 455 bankruptcies were filed in Whatcom County, down 18.9 percent compared to 2013, according to statistics from the U.S. Bankruptcy Court western district in Seattle. It’s the lowest annual total since 2007, which had 405 filings.

It was a similar trend across Western Washington. Skagit County had 430 filings in 2014, down 20.7 percent compared to 2013. In the Seattle and Tacoma courts, which represent Western Washington filings, 16,820 filings were submitted last year, down 14.9 percent compared to 2013.

Business bankruptcies also were down. According to the data, 474 Western Washington businesses filed for bankruptcy last year, down 24.1 percent compared to 2013.

In Whatcom County, April was the month with the most filings with 52. January had the fewest local filings, with 26.

WHATCOM COUNTY BANKRUPTCIES

A look at Whatcom County bankruptcy filings for the past 10 years. The information comes from the U.S. Bankruptcy Court western district in Seattle:

2014     455
2013     561
2012     620
2011     743
2010     808
2009     796
2008     579
2007     405
2006     283
2005     845
  Comments