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Bankruptcy Filings on the Rise

If you are considering filing for bankruptcy in Washington State, you will not be alone. The Seattle area is bucking the national trend in which bankruptcy filings are on the decline.. According to the statistics on hand with the Western District of Washington Bankruptcy Court, bankruptcy filings seems to be on the rise in 2011 when compared to the number of filing in 2010.

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The initial wave of bankruptcies in 2015-16 consisted of more than 100 bankruptcy filings. That number decreased during.

Bankruptcy filings on the rise . no comment Posted by admin. It’s tough out there. No jobs. Home values plummeting. And Americans are reacting by heading to bankruptcy court. Full Story Here. Published under Co-workers, Getting a Raise | send this post. Tags: Bankruptcy, filings, rise. Leave a Reply. Click here to cancel reply..

In 2010, there were 1.6m bankruptcy filings. In 2017, that had declined to 789,000, the second lowest number since 1990. But recent research.

JACKSON, Miss. (AP) – Bankruptcy filings in Mississippi are on pace to climb to its highest level since stricter bankruptcy guidelines went into effect in 2005. The American Bankruptcy Institute.

Bankruptcy experts expect the numbers to rise even more in 2009 as the.. One sector that has felt the impact of rising bankruptcy filings: the.

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MINNEAPOLIS (AP) — The number of farms filing for bankruptcy is increasing across the Upper Midwest. A new analysis from the Federal Reserve Bank of minneapolis shows 84 farms filed for bankruptcy in.

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But the biggest factor that has lead to filing bankruptcy is the easy availability of credit. For the last twenty years, credit card use has increased as creditors made it easier and easier to get credit, and higher credit amounts.

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That is on top of pressure from online retailers that have emerged with the rise of Amazon.com Inc and pushed an. to $500.

About 800,000 households filed for bankruptcy that year, which works out to approximately. according to the most recent.

The number of elders who filed for bankruptcy has increased to 12% from 2% in 1991, a study by a group of university.

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