U.S. business bankruptcies rise 40 percent in May
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U.S. business bankruptcy filings jumped 40 percent in May from a year ago as the sluggish U.S. economy pushed more businesses into the red, a bankruptcy data provider said on Tuesday. |
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Personal bankruptcies up
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In the 1990s and early 2000s more Americans than ever filed for personal bankruptcy. On April 20, 2005, President George W. Bush signed the Bankruptcy Abuse Prevention and Consumer Protection Act into law. The bill was meant to put more money into the hands of creditors, and crack down on filers. |
Consumer bankruptcy filings jump in May
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More Americans filed for bankruptcy in May, slammed by job losses and home forclosures, according to the latest data from the American Bankruptcy Institute. |
NCW bankruptcies rise — but not as much as other counties
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While the pace of bankruptcies in Western Washington is accelerating, there has been much less of an increase in North Central Washington. |
bankruptcies have peaked, numbers suggest
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The number of bankruptcies in North Central Washington dropped in May, the first monthly decline since the beginning of the year. |
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