Consumer Bankruptcy Filings Increase by 39 Percent

Posted on Nov 03, 2012

According to the American Bankruptcy Institute, U.S. consumer bankruptcy filings jumped 36 percent nationwide in April from the same period a year ago, relying on data from the National Bankruptcy Research Center (NBKRC).

The April consumer filing total of 125,618 represented a 3.5 percent increase from the March total of 121,413. Chapter 13 filings constituted 26 percent of all consumer cases in April, slightly above the March rate.

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