“Bankruptcy filings in the federal courts continued a slow upward creep. In the 12-month period ending June 30, 2007, there were 751,056 bankruptcy cases filed, according to statistics released today by the Administrative Office of the U.S. Courts. This total is a 49.4 percent drop when compared to filings for the 12-month period ending June 30, 2006 when cases totaled 1,484,570. But June’s 12-month total is greater than the 12-month totals for March 2007 (695,575 cases) and December 2006 (617,660).”
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