Wednesday, November 02, 2011

Bankruptcy Filings Are Down 20% Versus One Year Ago

http://online.wsj.com/article/SB10001424052970203804204577013840147055920.html?mod=WSJ_hp_LEFTWhatsNewsCollection


Consumer bankruptcy filings declined in October for the
fourth-straight month as households cut their use of credit by choice
and by force.

The 106,255 personal filings last month were 19.6% below year-ago
levels, the American Bankruptcy Institute and the National Bankruptcy
Research Center said Wednesday.

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