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Bankruptcy Slows Mon, Aug 2, 2004 AddThis Social Bookmark Button

By Ashish Rajan, CardTrak.com
Credit Card News - Bankruptcy Slows

Year-to-date bankruptcy filings are still running nearly 3% below the year ago levels. During June, 127,742 filings were made compared to 130,242 for June 2003. Total bankruptcies for the second quarter were 409,794 compared to 412,968 for 2Q/03. Consumer bankruptcy filings for the first six months of 2004 were 801,817, down from 825,792 in 2003. The decline for the first half of this year is the first drop in consumer bankruptcy filings since 2000.

Monthly Filings Historical
Jun 03:130,242
Jul 03:138,400
Aug 03:138,266
Sep 03:127,079
Oct 03:148,044
Nov 03:131,921
Dec 03:113,383
Jan 04:114,737
Feb 04:124,719
Mar 04:152,567
Apr 04:145,543
May 04:136,509
Jun 04:127,742
Source: CardData (www.carddata.com)