CardTrak.com - News - Bankruptcy Oct
 

HomeNews2004December › Bankruptcy Oct

Bankruptcy Oct Tue, Dec 7, 2004 AddThis Social Bookmark Button

By Julia Spencer, CardTrak.com

Bankruptcy filings dropped like a rock during October, declining more than 10% over year ago levels. Overall, bankruptcy filings are down more than 3% this year. During October, 133,404 filings were made compared to 148,044 for October 2003. Year-to-date bankruptcy filings were 1.3 million. The total number of bankruptcies filed in the 12-month period ending June 30th, was 1,635,725, down 0.9% from a year ago. For the second quarter of this year total filings were down 0.4% to 421,100. The decline for the first half of this year is the first drop in consumer bankruptcy filings since 2000.

Monthly Filings Historical
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
Jul 04:133,390
Aug 04:125,783
Sep 04:127,664
Oct 04:133,404
Source: CardData (www.carddata.com)