As further evidence about the decreased demand for debt relief help, the United States Courts have just released the latest statistics which revel the number of non-business bankruptcy filings.
According to the year end September 30th data the number of consumer bankruptcies fell 31 percent from the same period in 2010.
Current filings, for the last twelve months, were 1,072,807 versus 1,538,033 for the same period ending in 2010.
Based on the current data it looks as if the downward pressure for debt relief services will continue into the future and not be abated until lenders begin to significantly ramp up consumer lending to sub-prime consumers.
Non-business bankruptcy filings dropped 12 percent just in the last year alone.
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 Plummet in Three Years by Steve Rhode