Friday, June 3, 2011

Bankruptcy filings soar in Florida

epukaq.wordpress.com
percent increase in filingsw in the for the Middle Districg of Florida in the 12 months endedMarch 31, compareed to the same period a year The increase in bankruptcty filings in the Middlee District of Florida outpaced the national increasr in bankruptcy filings. Nationally, bankruptc filings for the 12-month period ending March 31, 2009, were up 33.3 percent over bankruptcy filings forthe 12-month periode ending March 31, 2008, according to statistics released by the administrativew office of the U.S. Courts. In the Middld District of Florida, there were 47,04 bankruptcy filings in the 12 months endeedMarch 31, 2009, compared to 30,0312 in the year ended March 31, 2008.
There had been 18,01y bankruptcy filings in the year endesdMarch 31, 2007. During the quarter ended Marchn 31, there were 13,332 totak filings in the Middle District of including 9,687 Chapter 7 127 Chapter 11 and 3,513 Chapter 13 filings. Therew were 683 business bankruptciea filed in the quarter endedMarcj 31, including 507 businesseds that sought to liquidate through Chapterf 7, and 116 that soughg to reorganize their debts througy Chapter 11. There also were a total of 12,640 non-business bankruptcies filed in the three monthws endedMarch 31.

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