Personal bankruptcy filings declined 8% during the first half of 2011, compared with the same period last year, the American Bankruptcy Institute reported Tuesday.

There were 709,303 bankruptcy filings from Jan. 1 through June 30, compared with 770,117 during the same period last year, according to the institute, which is the trade association for bankruptcy professionals.  

June's 119,768 filings represent a 4% increase from May's 114,803 filings and a 5% decline from the 126,270 filings in June 2010.

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