Thursday, November 15, 2012

Bankruptcy filings soar in Florida

fixyruw.wordpress.com
percent increase in filings in the for the Middlew District of Florida in the 12 months endedMarcuh 31, compared to the same period a year earlier. The increasre in bankruptcy filings in the Middle District of Floridaw outpaced the national increase inbankruptcy Nationally, bankruptcy filings for the 12-montnh period ending March 31, 2009, were up 33.3 percent over bankruptcyg filings for the 12-month period endinbg March 31, 2008, according to statisticsx released by the administrative officre of the U.S. Courts. In the Middlee District of Florida, there were 47,04 bankruptcty filings in the 12 months endedMarch 31, compared to 30,031 in the year endedf March 31, 2008.
There had been 18,017 bankruptcyt filings in the year endexdMarch 31, 2007. During the quarter ended Marcgh 31, there were 13,332 total filings in the Middle Districftof Florida, including 9,687 Chapter 7 filings, 127 Chapter 11 and 3,513 Chapter 13 filings. There were 683 business bankruptcie s filed in the quarter endedMarch 31, includinb 507 businesses that sought to liquidate throughu Chapter 7, and 116 that sought to reorganized their debts through Chapter 11. There also were a total of 12,649o non-business bankruptcies filed in the three monthsx endedMarch 31.

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