Records indicate continued increase in bankruptcy filings

Publish date
08/17/2010
Source
MSNBC.com
Main Category
Economy - US
Article Summary

The Administrative Office of the U.S. Courts reports that the measure of 422,061 bankruptcy filings in the 2nd quarter of this year is the highest measure recorded since federal legislation to overhaul bankruptcy filings was approved in 2005.  Increasing 9.0% from the previous quarter, the measure brings the increase for the year ending June 30th to 21.0% for consumer bankruptcies and 9.0% for business bankruptcies from a year earlier.

Link
http://www.msnbc.msn.com/id/38744083/ns/business-eye_on_the_economy/
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