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First Quarter Consumer Bankruptcy Filings Fall 6 Percent from 2010

The percentage of Chapter 7 filings is therefore targeted at 72 percent and the corresponding percentage of Chapter 13 filings is 28 percent. An earlier Government Accountability Office (GAO) study in 1983 reports that the amount scheduled to be repaid under Chapter 13 bankruptcy filings is about 57 percent of the unsecured debt owed.

NEW YORK (CNNMoney) — The number of Americans filing for bankruptcy dropped 6% in the first. The number of filings in the first three months of 2011 dropped to 340,012, down from 363,215 filings.

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The US share will fall to. About 6% of US respondents said they already owned a wearable device, which is where tablets were in the first quarter of 2011 (the tablet category was launched by the.

Older Americans filing for bankruptcy at increased rate June 2016 Bankruptcy Filings Down 6.9 Percent Published on July 27, 2016 Bankruptcy filings fell 6.9 percent for the 12-month period ending June 30, 2016, compared with the year ending June 30, 2015, according to statistics released by the Administrative Office of the U.S. Courts.

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percent and March 2010’s 9.8 percent. Employment levels also have climbed in recent months, averaging 212,000 in the first quarter. The gains would have been higher except for layoffs in the local and state government sectors, which nearly offset gains in manufacturing, retail and professional services. State of the U.S. credit markets

2008, and peaking at $12.68 trillion in the third quarter of 2008 (Federal Reserve Bank of New York, 2016). Yet by the end of 2016, aggregate household debt was still $12.58 trillion, just 0.8 4 Lower interest rates reduced the effective cost of accessing home equity (Hurst and Stafford, 2004).

Buffalo, NY – Bankruptcy filings continue to fall, with Western New York experiencing even more steep declines than are being seen nationwide. Filings in the Western District of New york fell 18.6 percent for the period January 1, 2011 to June 30, 2011 compared to the same period in 2010. Nationally.

Bankruptcies in the first quarter of the year were 6 percent lower than the number of bankruptcies filed in the first quarter of 2010. From January to March, a total of 340,012 personal bankruptcies were filed in the United States. In the first quarter of 2010, 363,215 people filed for personal bankruptcy.

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