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Bankruptcy Filings Up Nearly 14 Percent over Last Fiscal Year

News release: “Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled 1,596,355, up 13.8 percent over total FY 2009 bankruptcy filings of 1,402,816, according to statistics released today by the Administrative Office of the U.S. Courts. While non-business bankruptcy filings continued to rise in FY 2010, business filings dropped slightly for the first time since 2006. The bankruptcies reported today are for October 1, 2009 through September 30, 2010. Additional statistics released today include business and non-business bankruptcy filings for the 12-month period ending September 30, 2010; a comparison of September 2009 and 2010 filings, 4th quarter filings; monthly filings for the 12-month period ending September 30, 2010; and filings per capita.”

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