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: The Debt PodcastBankruptcy Filings Rise 38% in 2007: What Does That Mean For 2008
Full post as published by The Debt Podcast on April 16, 2008 (boomark / email).
Bankruptcy Filings up Nearly 31 Percent
Despite the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) that went into effect on October 17, 2005, the number of consumers and businesses filing bankruptcy is on the rise...
Bankruptcy Filings Rise 28.9 Percent
Bankruptcy filings in federal courts rose by 28.9 percent according to statistics released by the Administrative Office of the U.S. Courts. There were 967,831 bankruptcy cases filed during the 12-month period that ended June 30, 2008, compared to 751,056 cases...
Credit Industry to Blame for Rise in Bankruptcy Filings
During the first week of April, the American Bankruptcy Institute detailed data from the National Bankruptcy Research Center (NBKRC) revealing that consumer bankruptcy filings were up 15...
Georgia Second In Nation In Personal Bankruptcies
The Atlanta Journal has an article discussing the dramatic rise in personal bankruptcy cases in Georgia. See Georgia No. 2 In Rate of Personal Bankruptcies Last Year, by Carrie Teegartin...
2007 Bankruptcy Filings Were Up 38% in Federal Court
According to a report recently issued by the U.S. Courts, 2007 bankruptcy filings were up 38% in federal court. Of the 850,912 bankruptcies filed, regretably, Ohio ranked 6th for all filings, 3rd for Chapter 7 filings, and 10th for Chapter....
Bankruptcy Rates Rise Among Older Americans
According to a new study, “the rate of bankruptcy filings among those 65 and older has more than doubled since 1991.” The study found that “Americans age 55 or older have experienced the largest increase in bankruptcy filings, going from 8...
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