The latest numbers out from the U.S. Courts shows that while 2010 was a record year for bankruptcy filings, post 2005 reform, 2011 is setting up to be a slower pace.
During the last quarter of 2010, which is oddly the first quarter of 2011 for the Judiciary’s records, the number of bankruptcy filings was down by one percent from the corresponding time last year.
Comparing CY 2009 to CY 2010, both Chapter 7 and Chapter 13 bankruptcies rose 8%.
The latest bankruptcy statistics can be found here.
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
Latest posts by Steve Rhode (see all)
- We Rise From the Dead Yet Again – Podcast - October 2, 2023
- Lexington Law Credit Repair Gets Hammered in Lawsuit Settlement. If You Sell Credit Repair – Wake Up! - August 28, 2023
- People That Got Scammed by Robocall Debt Relief Company Life Management Services of Orange County to Get Money Back - July 7, 2023