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Bankruptcy filings rise to 6,000 a day as job losses take toll
While well below the record 2 million filings in 2005, the number of filings is up sharply from last year's 1.1 million, says Robert Lawless, professor of law at the University of Illinois. Bankruptcy filings took a dramatic nose dive after a 2005 bankruptcy reform measure was signed into law to ...
Consumer Bankruptcy Filings up Sharply
Consumer Bankruptcy Filings up Sharply
calculatedriskblog.com — From the American Bankruptcy Institute: Consumer Bankruptcy Filings up 37 Percent in May U.S. consumer bankruptcy filings... rose 37 percent nationwide in May from the same period a year ago, according to the American Bankruptcy Institute (ABI), relying ... (more) Consumer Bankruptcy Filings up Sharply
Filings Reveal Depth of Problems
Filings Reveal Depth of Problems
online.wsj.com — Interviews with people affected by GM's bankruptcy. (more) Filings Reveal Depth of Problems
U.S. Foreclosure Filings Top 300,000 as Bank Seizures Loom
U.S. Foreclosure Filings Top 300,000 as Bank Seizures Loom
bloomberg.com — June 11 (Bloomberg) -- U.S. foreclosure filings surpassed 300,000 for the third straight month in May and... may hit a record 1.8 million by the first half of the year, RealtyTrac Inc . said. A total of 321,480 properties received a default or auction ... (more) U.S. Foreclosure Filings Top 300,000 as Bank Seizures Loom
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The Mess That Greenspan Made — ... STORIES • US retailers report May sales declines - AP • Bernanke warns on deficits as interest rates rise - USA Today • Bank of England keeps interest rates at record low - Telegraph • European Central Banks Hold Rates Steady - NY Times • Meet the Men Who Are Being Handed the Keys - Wash. Post • Bernanke vs. Merkel: The Bailout Debate - NY Times • Plan to Help Banks Clear Their Books Is Halted - NY Times • Bankruptcy filings rise to 6,000 a day as job losses take toll - USA Today ...

Bankruptcy Filings Reach 6,000 A Day
Mish's Global Economic Trend Analysis — The USA Today is reporting Bankruptcy filings rise to 6,000 a day as job losses take toll. Consumer and commercial bankruptcy filings are on pace to reach a stunning 1.5 million this year, according to a report from Automated Access to Court Electronic Records. While well below the record 2 million filings in 2005, the number of filings is up sharply from last year's 1.1 million, says Robert Lawless, professor of law at the University of Illinois. Bankruptcy filings took a dramatic nose dive after a 2005 bankruptcy reform ...

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Bankruptcy Filings Reach 6,000 A Day
globaleconomicanalysis.blogspot.com 6/6/2009 — The USA Today is reporting Bankruptcy filings rise to 6,000 a day as job losses take toll . Consumer and commercial bankruptcy filings are on pace to reach a stunning 1.5 million this year, according to a report from Automated Access to Court ...
Bankruptcy filings up 22% in August vs. last year
usatoday.com 9/9/2009 — From January to August, national bankruptcy filings reached 954,911, up from 703,732 in the same period of 2008, according to Automated Access to Court Electronic Records. In August, filings were up 22% compared with August 2008. It is likely that ...
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Bankruptcy Filings Spike in February 2009
creditslips.org 3/3/2009 — The good folks at Automated Access to Court Electronic Records (AACER) sent some preliminary numbers on February 2009 bankruptcy filings, and the news is not good. The bankruptcy filing rate is at its highest rate since the 2005 changes to...
Bankruptcy Filings and Mortgage Delinquencies by State
calculatedriskblog.com 8/30/2009 — Here is a graph of bankruptcy filings vs. mortgage delinquencies (including homes in foreclosure process) by state for Q2 2009. Click on graph for larger image in new window. The bankruptcy filings data is from the American Bankruptcy Institute ...
American Bankruptcy Institute | Consumer Bankruptcy Filings Reach Highest Monthly Total Since October 2005
abiworld.org 8/4/2009 — Contact: John Hartgen (703) 739-0800 jhartgen@abiworld.org CONSUMER BANKRUPTCY FILINGS REACH HIGHEST MONTHLY TOTAL SINCE 2005 BANKRUPTCY LAW OVERHAUL August 4, 2009 , Alexandria, Va.— U.S. consumer bankruptcy filings ...
FT.com / Companies / Financials - CDS blamed for role in bankruptcy filings
ft.com 4/17/2009 — Credit default swaps, the derivatives instruments that have figured prominently in the global financial crisis, are now being blamed for playing a role in two bankruptcy filings this week. Bankers and lawyers involved in restructuring efforts say they ...
Bankruptcy filings return to pre-reform-law pace
creditcards.com 9/22/2009 — 2005 law clamping down on filing had only temporary impact By Martin Merzer It may have seemed like a good idea at the time, at least for lenders: a substantially fortified bankruptcy law that made it tougher for consumers to stiff credit card ...
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