Bankruptcy Up in Rock River Valley

By: 23 Newsroom
By: 23 Newsroom

More people are filing for bankruptcy.

According to the U.S. Federal Bankruptcy Court, filings in the Rock River Valley were up 5.7 percent in February over a year ago.

A total of 352 residents and businesses in Boone, Winnebago, Ogle and Stephenson Counties filed last month.

The area's heavy manufacturing base is part of the problem. The region has lost over 11,000 manufacturing jobs in the past five years.


23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 663196 - wifr.com/a?a=663196