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: FindLaw's Common Law

Bankruptcy Filings Up 29 Percent

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The number of individuals and businesses filing for bankruptcy increased almost 29 percent based on a comparison of consecutive twelve-month periods, according to statistics released Wednesday by the Administrative Office of the U.S. Courts. There were 967,831 bankruptcy filings in U.S. courts over a 12-month period ending on June 30, 2008, representing a 28.9% increase in filings compared with the previous 12-month period. Bankruptcy filings by individuals totaled 934,009 (up 28.4 percent), read more

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Full post as published by FindLaw's Common Law on August 28, 2008 (boomark / email).

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