News Stories (104 Results) – Bankruptcy commercial chapter 11 filings Jump 38% in June, Up 5% in First Half total commercial chapter 11 filings during the first six months of the year increased 5 percent to 2,854 from the 2,716 total filings during the same period in 2018, American Bankruptcy Institute reported.
Overall, 366,178 bankruptcy cases were filed during January, February, and March of 2011. Over the same period in 2010, 388,148 cases were filed. First quarter consumer bankruptcy filings were down 5% from first quarter 2010 levels.
June 2016 Bankruptcy Filings Down 6.9 Percent Published on July 27, 2016 Bankruptcy filings fell 6.9 percent for the 12-month period ending June 30, 2016, compared with the year ending June 30, 2015, according to statistics released by the Administrative Office of the U.S. Courts.
. only 2.2 percent in the fourth quarter of last year, down from an earlier estimate of 2.6 percent and a sharp fall from earlier quarters. This followed the announcement by the Labor Department on.
Consumer spending in the U.S. rose. income and may damp household purchases in the first quarter. Congress and president barack obama allowed the payroll tax to return to its 2010 level of 6.2.
While overall bankruptcy filings increased by 87 percent from 2007 to 2010, the growth rate was not uniform across states. Every state reported an increase of at least 25 percent during this period, but in six states filings increased by more than 150 percent between 2007 and 2010.
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Others are on the brink of bankruptcy. From Gov. Christie’s first full month. engine for the state. Consumer spending hasn’t kept up with the nation. Personal consumption in New Jersey rose 3.1.
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The total filings in the 2011 first quarter also represent a 1 percent decrease from the 370,080 bankruptcies filed during the fourth quarter of 2010 (oct. 1 dec. 31). ‘The drop in bankruptcy filings demonstrates the continued effort of both consumers and businesses to decrease their debt loads and shore up their finances,’ said Samuel J. Gerdano, ABI Executive Director.
Bankruptcy filings fall 6%. The number of filings in the first three months of 2011 dropped to 340,012, down from 363,215 filings recorded in the first quarter of 2010, according to data from the American Bankruptcy Institute and the National Bankruptcy Research Center. "Though bankruptcy filings are still elevated,