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Bankruptcy Filings Down From 2010 Levels

“According to statistics released by the Administrative Office of the U.S. Courts, bankruptcy petitions filed in the 12-month period ending June 30, 2011 totaled 1,529,560, down 2.7 percent from the 1,572,597 bankruptcy petitions filed in the 12-month period ending June 30, 2010. Despite the slight drop in overall filings nationwide, the number of bankruptcy filings increased in 19 of the 94 districts. The largest percentage increases in bankruptcy filings were in the Southern District of Florida, with a 15 percent increase over 2010, and the Districts of Utah and the Central District of California, where filings for the 12-month period ending June 30, 2011 increased 13 percent over 2010. Additional statistics released include business and non-business filings for the 12-month period ending June 30, 2011; a comparison of June 2010 and 2011 filings, 3rd quarter filings; monthly filings for the 12-month period ending June 30, 2011; and filings per capita.”

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