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Federal Judiciary: bankruptcies filed up 10 percent.(Brief article)

Business Credit

| January 01, 2006 | COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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 ...

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Source: HighBeam Research, Federal Judiciary: bankruptcies filed up 10 percent.(Brief article)

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