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Personal Bankruptcies Remain High

Via Sara Murray of The Wall Street Journal, the American Bankruptcy Institute says that bankruptcies declined slightly between March and April ... but remain 15

Jul 31, 2020
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Via Sara Murray of The Wall Street Journal, the American Bankruptcy Institute saysthat bankruptcies declined slightly between March and April … but remain 15 percent higher than last year. And personal bankruptcy filings for the first four months of the year are 17 percent higher in 2010 than in 2009, meaning that 2010 is on track to have the highest number of personal bankruptcies since 2005, when Congress made it harder to qualify for one.
The hangover. It continues.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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