Home > business and economics, consumer issues, legal and law enforcement, United States Courts > 2011 Report Details Consumer Bankruptcy Filings

2011 Report Details Consumer Bankruptcy Filings

August 27, 2012

2011 Report Details Consumer Bankruptcy Filings
Source: U.S. Courts

A 2011 statistical report on debtors with primarily consumer debt filing for bankruptcy shows an 11 percent drop in case filings, a 23 percent drop in filer assets, 25 percent drop in filer liabilities and a 28 percent incidence of repeat filers.

The report, required by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), includes statistics on debtors who are individuals seeking debt relief under chapters 7, 11, and 13. It is compiled by the Administrative Office of the United States Courts.

About these ads
Follow

Get every new post delivered to your Inbox.

Join 516 other followers

%d bloggers like this: