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The American Bankruptcy Institute’s (ABI) Commission on Consumer Bankruptcy is reviewing filing trends to make recommendations for improvement to the consumer bankruptcy system. The total bankruptcy filings in the first calendar quarter, Jan. 1 – March 31 this year, declined slightly by 0.23 percent to 195,199, compared to 195,647 during the same time in 2016.
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U.S. consumer bankruptcy filings totaled 770,117 nationwide during the first six months of 2010, a 14 percent increase from the year-ago period, according to the American Bankruptcy Institute (ABI). October Consumer Bankruptcy Filings Surge 28 Percent Over Last Year
prophecies of long-term decline usually gain traction after we’ve suffered a catastrophic fall. This time around. shoots” of recovery. In the first quarter of 2009, the economy was shrinking at a 6.
Bankruptcy filings overall fell 2.6 percent to 775,578 for the year ending June 30, compared to the same period a year ago, the Administrative Office of the U.S. Courts reported July 24. Non-business filings, which comprise most of the activity and capture consumer bankruptcy, fell 2.5 percent to 753,333, while business filings fell 5 percent.
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Total bankruptcy filings in the United States decreased 16 percent in the first calendar quarter (Jan. 1 – March 31) of 2013 from the same period in 2012, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 263,516 in the first quarter of 2013, down from the 314,832 filings registered in the first calendar quarter of.
Bankruptcy filings fall 6%. The number of filings in the first three months of 2011 dropped to 340,012, down from 363,215 filings recorded in the first quarter of 2010, according to data from the American Bankruptcy Institute and the National Bankruptcy Research Center. "Though bankruptcy filings are still elevated,
· After the Dow jones industrial average closed down 504 points – roughly four and a half percent – and the Nasdaq lost three and a half percent in response to the Lehman bankruptcy.
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Consumer spending in the U.S. rose. income and may damp household purchases in the first quarter. Congress and President Barack Obama allowed the payroll tax to return to its 2010 level of 6.2.
quarter, in some cases substantially. The overall District rate fell from 84.3 bankruptcy filings per 10,000 households to 77.1, while the U.S. rate fell to 81.5 from 87.7. The mortgage delinquency rate in the District increased to 6.3 percent from 6.0 percent in the first quarter (Chart 4). The U.S. rate was flat at 7.8 percent. The