April Bankruptcies Below March, 2nd Most in 5 Years
William Rochelle
Bankruptcy filings by individuals and business in March totaled almost 146,000, 4 percent fewer on a daily basis than in March. Filings in April still were the second most since bankruptcy law was tightened in late 2005, according to data compiled from court records by Automated Access to Court Electronic Records.
U.s. Bankruptcy filings fell 4% in april from march
Don Jeffrey and William Rochelle
U.S. Bankruptcy filings by individuals and businesses fell in april to the second-highest level since changes to the law in 2005 made it harder for individuals to seek protection from creditors.
Business Bankruptcies Fall 7% In April But Remain Elevated
Eric Morath
The number of businesses filing for bankruptcy declined about 7% in April over the peak level reached in the previous month, but the total remains well above historical norms.
Bankruptcies resume climbing, aided by tax refunds
Susan Ladika
Bankruptcy filings continued their upward march, nearing 379,000 for the first quarter of 2010, an increase of 17 percent from the first three months of last year.
Pace of filings second-highest since 2005
Trends
Bankruptcy filings by individuals and business in March totaled almost 146,000, 4 percent fewer on a daily basis than in March. Filings in April still were the second most since bankruptcy law was tightened in late 2005, according to data compiled from court records by Automated Access to Court Electronic Records.
U.S. Bankruptcy filings by individuals and businesses fell in april to the second-highest level since changes to the law in 2005 made it harder for individuals to seek protection from creditors.
The number of businesses filing for bankruptcy declined about 7% in April over the peak level reached in the previous month, but the total remains well above historical norms.
Bankruptcy filings continued their upward march, nearing 379,000 for the first quarter of 2010, an increase of 17 percent from the first three months of last year.