Bell Talks with the Denver Business Journal About Colorado Bankruptcy Trends
Stinson LLP Partner Mark Bell provided the Denver Business Journal insight into Colorado's soon-to-be rising bankruptcy filings in an article titled "What experts are predicting as Colorado bankruptcies trend upward."
Bankruptcy filings in Colorado are running nearly parallel with national trends, and though bankruptcy filings are up for the calendar year, they are down compared to last year. Bell considers the current state to be an "artificial lull that will soon correct itself." He predicts that Colorado, and the nation, will see an increase in bankruptcy filings for the remainder of 2022, and into 2023 because of the influx of consumer debt rising along with interest rates and other global trends, including supply chain woes and worker shortages, and the fluctuations of government support.
In noting that bankruptcy's have been in a bit of a holding pattern, Bell said "2023 is going to be a very interesting time given how the remainder of the year plays out."
Bell's practice is focused on representing banks and other financial institutions in both litigation and corporate transactional matters. His experience with lender representation is wide-ranging and includes complex loan documentation, workout and loan restructuring, regulatory and compliance matters, intercreditor relationships and agreements, loan sales, enforcement litigation, bankruptcy and lender-liability litigation, security interest analysis and bank operations. Bell's practice also includes complex real estate and commercial matters, bankruptcy, restructuring and creditors rights, and general corporate litigation in state and federal courts nationwide.
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