WASHINGTON — Bankruptcy filings for the 12-month period ending June 30, 2007 increased from the 12-month periods ending in March 2007 and December 2006.

According to the Administrative Offices of the U.S. Courts, bankruptcy filings in the federal courts reached 751,056 cases for the 12-month period ending June 30. This figure was up from the 12-month periods ending March 2007 (695,575 cases) and December 2006 (617,660). However, the June 2007 number was about half the 1,484,570 cases filed in the 12-month period ending June 2006, which included the rush of filings leading up to bankruptcy reform implementation in October 2005. CUNA and NAFCU lobbied hard for the bankruptcy reform legislation for about a decade.

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