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Avoid Mistakes When Planning and Filing Virginia Bankruptcy Cases
The best-planned bankruptcy cases go unnoticed. A few debtors glide through the system without attracting attention and receive full discharges in record time. Luck is not involved, but rather each successful debtor begins planning strategically a few weeks or months in advance. These debtors know something that you don’t.
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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%).
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Total New York Bankruptcy Filings in 2008 |
| 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 |
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Businesses Filing New York Bankruptcy in 2008 |
| 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.
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