The latest bankruptcy filing numbers are out for the twelve month period ending March, 2013. In March there were 804,885 chapter 7 bankruptcy filings and 355,081 chapter 13 filings. For a total of 1,159,966.
This shows a reduction in chapter 7 and chapter 13 bankruptcy filings in 2013 of about 14 percent.
Chapter 7 bankruptcies were down 16 percent while chapter 13 bankruptcies were down 11 percent.
Chapter 7 bankruptcy filings represented about 70 percent of the total chapter 7 and chapter 13 filings.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.Bankruptcy Filings Drop Ending March, 2013. Less Need for Debt Help. by Steve Rhode