Consumer Bankruptcy Filings Fall to 7-Month Low

New bankruptcy filings by consumers were down from a month earlier to the lowest level in seven months. Filings also retreated from a year earlier.

New bankruptcy cases that were filed by both businesses and consumers during the month of September 2017 worked out to 60,001 — the fewest since February.

Activity eased compared to the preceding month, when there were a previously reported 68,117 new bankruptcy filings that were made.

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From:: Financing