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Tuesday, 17th August 2010

Bankruptcy Filings Up 20 Percent in June

Bankruptcy Filings Up 20 Percent in June
Source: Administrative Office of the U.S. Courts

Bankruptcy filings rose 20 percent in the 12-month period ending June 30, 2010, according to statistics released today by the Administrative Office of the U.S. Courts. A total of 1,572,597 bankruptcy cases were filed in federal courts in that period, compared to 1,306,315 bankruptcy cases filed in the 12-month period ending June 30, 2009. This is the highest number of bankruptcy filings for any period since many of the provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 took effect.

Additional statistics released today include business and non-business filings for the 12-month period ending June 30, 2010 (Table F-2, 12-month); a comparison of June 2009 and 2010 filings (Table F), 3rd quarter filings (Table F-2, 3-month); monthly filings for the 12-month period ending June 30, 2010 (Table F-2, Monthly); and filings per capita.


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