10-Year Low for Consumer Bankruptcy Filings

Last year, there were fewer consumer bankruptcies filed than in any year during the last decade. Monthly filings, though, rose from a year earlier.

A combined 56,394 new commercial and non-commercial cases were filed with the nation’s bankruptcy courts during the final month of last year.

The figure fell from November, when the total was 59,300, but rose from December 2015, when the number came to an upwardly revised 53,844.


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From:: Financing

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