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New Amendments Following Reform of New Bankruptcy Laws

New York Bankruptcy Court Information

The New York Bankruptcy System is divided into four statewide federal districts. Each of these federal districts are subdivided into divisions which serve a specific list of all New York counties. For division specific information regarding county coverage, see:

According to the Office of the U.S. Courts, one in every 79.1 households (1.27%) file personal bankruptcy each year. At this rate, over the next 30 years, approximately 38% of all U.S. households will be liquidated through the federal court system. Recent reform is intended to prevent individuals from filing, or at least, to curb the steady rise in personal insolvency. In New York State, the rate falls to one of every 114.5 households filing bankruptcy each year (.87%).

Total New York Bankruptcy Filings in 2003

District Total Ch 7 Ch 11 Ch 12 Ch 13
Northern 17,110 13,554 74 18 3,463
Eastern 26,185 20,116 208 1 5,860
Southern 17,350 14,113 1,164 1 2,018
Western 14,394 10,768 60 8 3,558
Total 75,039 58,551 1506 28 14,899

Businesses Filing New York Bankruptcy in 2003

District Total Ch 7 Ch 11 Ch 12 Ch 13
Northern 341 190 71 18 62
Eastern 308 112 190 1 5
Southern 1,339 157 1,117 1 10
Western 307 188 58 8 53
Total 2,295 647 1436 28 130

New York Bankruptcy Court Practices & Local Rules

Each Division a unique version of New York bankruptcy local rules of court. Many local rules are standardized across the US and provide administrative clarification and instructions for lawyers and law firms. For example, instructions for filing additional declarations and required disclosures are not included within the Bankruptcy Code, but are routinely published and updated by the Clerk of the Court. Local rules may also include unique location instructions that apply to a city, county, or even a particular judge. All debtors who file pro se must follow all local rules regardless of actual notice or understanding of provisions. A violation of local rules can result in dismissal. Copies of local rules are provided by the Clerk of the Court for each New York Bankruptcy Division. Courts may also provide a glossary of New York bankruptcy terms describing definitions of common terminology.

 

Should you need answers to legal questions, contact a local attorney. All information herein is general, and must not be considered as legal advice. The included directory of New York bankruptcy lawyers is intended to assist debtors finding lawyers, local contact information, and help answering attorney fee questions. To find a lawyer, search law firms, and qualify attorneys, the New York State Bar and City Bar Associations and County Bar Associations provide general public assistance. These associations include: Albany, Poughkeepsie, Buffalo, Manhattan, Mount Vernon, Queens, New Rochelle, New York City, Brooklyn, Islip, Rochester, Syracuse, Utica, White Plains, Schenectady, and Yonkers. All content copyright protected - New York Bankruptcy Law Summaries 123, Inc. - ©Copyright 1998 through 2005, all rights reserved.

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