Maine Bankruptcy and Debt Relief Blog

2009 Bankruptcy Filings Up

Posted on 01/04/2010 at 12:00 am by Molleur Law Offices
Viewed 796 times

According to a year-end report on the federal judiciary filed by Chief Justice Roberts, 1,402,816 bankruptcy cases were filed in 2009.  This number represents 35% more cases than were filed in 2008.  The most dramatic increases were seen in Chapter 7 (up 45%) and Chapter 12 (up 47%) case filings.  Of additional interest is that the total business filings were up 52%.

If you’re experiencing financial distress either personally or in your business, you’re clearly not alone.  We would be happy to talk with you about the details of your situation to determine together whether a bankruptcy filing would provide you with relief. 

Tags for 2009 Bankruptcy Filings Up

Bankruptcy | News | Blog | Chapter 7 | Chapter 12

Copyright © 2010 by Molleur Law Office. All rights reserved.
Powered By: Site Avenger | Site Production: Saco Design