Consumer bankruptcy filings are once again on the rise climbing 50% in each of the first three months of 2005 after seeing a significant drop off in the fourth quarter of 2005.

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 [...]

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 [...]