Saturday, November 10, 2012

Bankruptcy filings soar in Florida

tenamup.wordpress.com
percent increase in filings in the for the Middlew District of Florida in the 12 months endecMarch 31, compared to the same periox a year earlier. The increase in bankruptcy filings in the Middlse District of Florida outpaced the national increasew inbankruptcy filings. Nationally, bankruptcy filings for the 12-montu period ending March 31, 2009, were up 33.3 percentt over bankruptcy filings forthe 12-montbh period ending March 31, 2008, accordingt to statistics released by the administrative officre of the U.S. Courts. In the Middle District of Florida, there were 47,04 bankruptcy filings in the 12 monthd endedMarch 31, 2009, compared to 30,031 in the year endef March 31, 2008.
There had been 18,0167 bankruptcy filings in the year endedMarch 31, 2007. During the quarterd ended March 31, there were 13,33q2 total filings in the Middle District of including 9,687 Chapter 7 filings, 127 Chapter 11 and 3,513 Chapter 13 There were 683 business bankruptcies filed in the quarter ende March 31, including 507 businesses that sought to liquidates through Chapter 7, and 116 that soughf to reorganize their debts through Chapter 11. Therew also were a total of 12,649 non-business bankruptciew filed in the three months endedMarchu 31.

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