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Consumer bankruptcy filings slowed in 2011

by Administrator 29. July 2011 08:36

Consumer bankruptcy filings filed in the first six months of this year show a slight decline in the number of consumer bankruptcies filed in the United States.  From January to June, a total of 709,303 consumer bankruptcies were filed across the country.

According to the American Bankruptcy Institute, this year's consumer bankruptcy filings are 7.9 percent lower than the number of consumer filings made in the first six months of 2010.  

In all of 2010, a total of 1.5 million personal bankruptcies were filed in the U.S.  Last year's number of total personal bankruptcy filings was the highest it had been since bankruptcy laws were reformed in 2010.

If you or someone you know has questions about filing for consumer bankruptcy, contact the Arizona consumer bankruptcy lawyers of Harmon Law Office, LLC at 480-829-0494 to learn more today.

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