First Quarter Consumer Bankruptcy Filings Fall 6 Percent from 2010

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Bankruptcy filings by U.S. consumers are projected to reach 1.6 million this. Bankruptcy filings fell 8 percent to 127,028 in August from the previous month, the institute reported. “While monthly.

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Student debt increased by 4.6 percent in the third quarter from. most other types of consumer debt, like credit cards or mortgages, student loans are notoriously hard to discharge, even if the.

Another labor department report today showed the number of Americans filing first-time. will average 9.1 percent this year, compared with 9.6 percent in 2010 and 9.3 percent in 2009. The economy.

In just three years, the number of consumer bankruptcy filings has plunged by 30 percent, with the biggest drop in filings coming from states hardest hit by the recession. For the first quarter of.

That represents a 15 percent increase on the 161,601 tally recorded a year ago, according to the report which is created from a database of over 6 million records. 2010 and Begbies noted that while.

Trump had vowed to “do a big number” on the 2010. percent, to $6.1 billion, during the first quarter, according to the data. By raising the asset threshold to $250 billion, the number of banks.

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debtors filed for personal bankruptcy, with approximately $47 billion of debt forgiven (. Abuse and Consumer Protection Act (BAPCPA) in 2005, bankruptcy filings. Page 6. Since 2012, the percent filing under chapter 7 fell and was. The data available from PACER includes the first and last name of the bankruptcy filer,

For the first quarter of 2010, US consumer bankruptcies totaled 388,148, up from 330,477 in the same period of 2009. The first two months of the second quarter saw a total of 260,980 filings.

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 · NEW YORK (CNNMoney) – The number of Americans filing for bankruptcy dropped 6% in the first quarter of 2011 compared to the previous year, two industry groups said Monday. 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.