October Personal Bankruptcies Highest Since 2005 Law Changes
Bill Rochelle and Michael Bathon
More Americans filed bankruptcy in October than in any month since changes to U.S. bankruptcy laws in 2005 as unemployment and falling home prices prevented consumers from paying their debts.
Business Bankruptcy Filings Increased 7% in October
ERIC MORATH
Business bankruptcy filings jumped in October, reversing two consecutive months of declining commercial filings and indicating that bankruptcies could continue to rise as the economy struggles to stabilize.
Idaho business bankruptcies decline, but consumer filings climb
TONY PUGH
Business bankruptcy filings nationwide fell 4.5 percent in the July-to-September quarter, according to Automated Access to Court Electronic Records, a bankruptcy management and data company.
U.S. markets on Monday swung high, then low, then high again in a dance that mimicked the markets of October when motion sickness was possible.
Trends
More Americans filed bankruptcy in October than in any month since changes to U.S. bankruptcy laws in 2005 as unemployment and falling home prices prevented consumers from paying their debts.
Business bankruptcy filings jumped in October, reversing two consecutive months of declining commercial filings and indicating that bankruptcies could continue to rise as the economy struggles to stabilize.
Business bankruptcy filings nationwide fell 4.5 percent in the July-to-September quarter, according to Automated Access to Court Electronic Records, a bankruptcy management and data company.