From the storm clouds of rising bankruptcies, Oklahoma recently had a silver lining. Last week, we read about the positive news that bankruptcy filings in our state fell below the national average. In 2009, there were 3.85 nonbusiness bankruptcy filings in Oklahoma per 1,000 people, compared to 4.73 for the US as a whole, according to US Justice Department figures. And this really is good news. Oklahoma has performed better through this recession than most other states and we have confidence that our state can also perform better coming out of this recession.
There were over 158,000 bankruptcy petitions filed in the US in March 2010, according to a recent report from Aacer, a bankruptcy data collection company, which was 35% more than the previous month. This was also a 19% increase over filings in October 2009, the previous high since personal bankruptcy law was tightened in October 2005.
October 15, 2009 - Tulsa World: Signs point to tight business lending in 2010. Matthew Bristow, ClearRidge feature article in Business Viewpoint section in the Tulsa World.
May 3, 2009. Connie Tommerup, Manager of Restructuring and Corporate Finance is honored in Tulsa World's People Spotlight. At ClearRidge, Connie's primary role is analyzing clients financial systems, financial reporting processes and internal controls.