Consumer bankruptcy filings rose in July, yet is seems the Southern states are showing a sign of improvement. Filings rose 9% in July compared to this time in 2009. Optimism rose as bankruptcy filings declined in April and continued for three consecutive months. Sadly in July, that trend was dramatically reversed. July saw filings rise [...]

Immediately after the new bankruptcy law took effect in October of 2005, bankruptcy filings dropped dramatically, but that trend is rapidly reversing itself. The abrupt drop-off in bankruptcy filings might have many causes, but two of the most significant are surely the rush to file that took place immediately before the law change and the [...]

Los Angeles, CA (Vocus) September 13, 2010 Bankruptcy filings were down in August, yet the trend for 2010 remains much higher than 2009. Across the nation the amount of filings this year stands at 9122 per million households. This is an equivalent of about 1 in every 110 households. The filings for 2010 are generally [...]

The Bankruptcy Report has been released by debt help professionals The Debt Counsellors to provide an in-depth guide for those facing insolvency in the United Kingdom. Bankruptcy is a serious and growing problem in the UK. Official Insolvency Statistics have revealed record figures for the fourth quarter of 2005: there were 20,461 bankruptcies, which represented [...]

Start Fresh Today, already the one-stop source for consumer bankruptcy attorneys and petitioners, has added sections for consumers, Credit Counseling agencies, Debtor Education providers, and bankruptcy trustees.

Earlier this week, Reader’s Digest filed for bankruptcy protection, indicating that Chapter 11 is next for the publication giant. This will be yet another bankruptcy record added to the growing list of media companies that have fallen to the recession and changing consumer media consumption habits. As an increasing number of people and businesses are [...]

Phoenix Bankruptcy Rates Bankruptcy in Phoenix, AZ, has increased drastically over the past few years. In January of 2006 there were 162 chapter 7 filings in the Phoenix area compared with December of 2008, when there were 1,155 chapter 7 filings. This is an incredible 712% increase in just two years. In January 2006 there [...]

John Skiba For the past year leading up to March 31, 2010, there has been a nationwide increase of bankruptcy filings of 28% over 2009. Despite the government urging those filing for bankruptcy to file under chapter 13, the majority of the filings have been filed under chapter 7. Chapter 7 bankruptcy is a liquidation [...]

Aretha Gaskin announced today the official launch of her bankruptcy petition processing company, Bankruptcy Forms Processing, Inc. (BFPI) (www.bfpi.org). BFPI was created to be a premier service provider to bankruptcy attorneys nationwide. “My sole purpose is to process each petition quickly, efficiently and with strict client confidentiality,” says Gaskin. Aretha Gaskin has been a highly [...]

As the number of bankruptcies surge to record heights, banks and financial institutions are desperately searching for ways to protect themselves and suppress their losses. With Bankruptcy Tracker, the new service from Corporation Service Company, companies can now receive nearly-instant notification if one of their customers has filed for bankruptcy.