Colorado bankruptcy filings jump 14% in February

DENVER — Colorado bankruptcy filings jumped 14% in February compared with the same period a year ago, with filings increasing in Boulder, Larimer and Weld counties.

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 383 bankruptcy filings in February, compared with 336 in February 2022. Colorado recorded 343 bankruptcy filings in January.

Year-to-date filings increased 11.2% statewide, to 726 from 653 through February 2022. Individual bankruptcies increased 11.9% year to date, while business filings decreased 23%.

Among counties in the Boulder Valley and Northern Colorado:

  • Boulder County recorded 15 bankruptcy filings in February, up from 10 in February 2022, a 50% increase. The county has recorded 29 filings year-to-date, up from 24 a year ago, an increase of almost 21%. Boulder County recorded 14 filings in January.
  • Broomfield recorded three bankruptcy filings in February, down from four in February 2022, a decrease of 25%. Year-to-date filings total four, down from nine in 2022, a 55.6% decrease. Broomfield recorded a single filing in January.
  • Larimer County filings totaled 32 in February, compared with 19 a year ago, an increase of 68%. Year-to-date filings total 48, up 41% from 34 a year ago. Larimer County recorded 16 bankruptcy filings in January.
  • Weld County bankruptcy filings totaled 29 in February, up  from 17 recorded a year ago, an increase of 71%. Year-to-date filings total 53, up 12.8% from 47 through February 2022. Weld County recorded 24 bankruptcy filings in January 2023.