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Bankruptcy Filings Up 35% in Last Year

There were 1.3 million bankruptcy filings in the year that ended on June 30, a 35% increase over the previous year's total of 967,831, the Administrative Office of U.S. Courts reported today.

By Claude R. Marx | Updated on August 12, 2009

There were 1.3 million bankruptcy filings in the year that ended on June 30, a 35% increase over the previous year’s total of 967,831, the Administrative Office of U.S. Courts reported today.

Of those filings, 1.2 million were nonbusiness and 55,000 were business, compared with 934,009 nonbusiness and 33,822 filings during the year ending June 30, 2008.

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