Consumer Payment Card News

Bankruptcy Oct

Bankruptcy filings dropped like a rock during October, declining more than 10% over year ago levels. Overall, bankruptcy filings are down more than 3% this year. During October, 133,404 filings were made compared to 148,044 for October 2003. Year-to-date bankruptcy filings were 1.3 million. The total number of bankruptcies filed in the 12-month period ending June 30th, was 1,635,725, down 0.9% from a year ago. For the second quarter of this year total filings were down 0.4% to 421,100. The decline for the first half of this year is the first drop in consumer bankruptcy filings since 2000.

table{margin-left: auto; margin-right: auto;}.
|_2. Monthly Filings Historical |
|_. Oct 03:| 148,044 |
|_. Nov 03:| 131,921 |
|_. Dec 03:| 113,383 |
|_. Jan 04:| 114,737 |
|_. Feb 04:| 124,719 |
|_. Mar 04:| 152,567 |
|_. Apr 04:| 145,543 |
|_. May 04:| 136,509 |
|_. Jun 04:| 127,742 |
|_. Jul 04:| 133,390 |
|_. Aug 04:| 125,783 |
|_. Sep 04:| 127,664 |
|_. Oct 04:| 133,404 |
|_2. Source: CardData (www.carddata.com) |

Leave A Reply