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Bankruptcy cases filed in federal courts grew 10 percent in fiscal year 2005, according to the Administrative Office of the U.S. Courts--rising to the highest number of bankruptcies ever filed.
During the 12-month period ending September 30, 2005, 1,782,643 bankruptcies were filed, up from the 1,618,987 bankruptcy cases filed in fiscal year 2004.
Filings for the 3-month period from June 30, 2005 to September 30, 2005, also were the highest number filed for any ...
Source: HighBeam Research, Federal Judiciary: bankruptcies filed up 10 percent.(Brief article)