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Bankruptcies down in Rochester, Buffalo, through September 2010

Bankruptcy filings in both the Rochester and Buffalo Divisions of the United States Bankruptcy Court for the Western New York are down, compared to the past two years. Bankruptcy cases are numbered consecutively when filed, and on October 5, 2010, the 2,438th case of the year was filed in Rochester. Case 2,438 was filed on September 17 in both 2009 and 2008 in Rochester, while in 2007 that case number was filed September 28.

In Buffalo, the 4,298th case of 2010 was filed October 5. Buffalo Case 4,298 was filed September 15 in 2009 and September 29 in 2008. In 2007, that case number was filed October 19.

Of course, bankruptcy filings are still way down from 2004, the last 'normal' year before the bankruptcy code was substantially changed in 2005. Rochester case 2,438 was filed June 18 in 2004, while Buffalo case 4,298 was filed June 8 of that year. The last year in which Rochester case 2,438 was filed later than October 5 was in 1995 (October 18). That same year, Buffalo case 4,298 was filed December 12.

36.2% of Western District of New York bankruptcy cases filed in 2010 through October 5 have been Rochester cases, and 63.8% have been Buffalo cases. This is approximately the same percentage as in previous years: in 2007 38.0% of WDNY cases were filed in Rochester; in 2008 37.1% were Rochester cases and in 2009 36.1% were filed in Rochester. In 2004, Rochester constituted 37.0% of all WDNY filings.

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