Consumer bankruptcy filings in February rose to 76,000 compared to 66,000 in the prior month. Chapter 13 filings made up about 46% of all consumer cases, down slightly from last month. According to data provided by the National Bankruptcy Research Center and Lindquist Consulting, consumer bankruptcies hit 66,400 in December compared to 69,000 in September and 61,000 in March. Cumulatively, the 2007 bankruptcy filings totaled 802,000, a 40.5% increase from 2006.
CONSUMER FILINGS
Feb 07: 55,000
Mar 07: 61,000
Apr 07: 62,000
May 07: 70,000
Jun 07: 69,000
Jul 07: 64,000
Aug 07: 75,000
Sep 07: 69,000
Oct 07: 72,000
Nov 07: 77,000
Dec 07: 74,000
Jan 08: 66,000
Feb 08: 77,000
Source: National Bankruptcy Research
Center/Lindquist Consulting
