Bankruptcy filings during November declined more than 11% over year ago
levels. Overall, bankruptcy filings are down more than 4% year-to-date.
During November, 116,952 filings were made compared to 131,921 for
November 2003. Year-to-date bankruptcy filings were 1.4 million. During
the 12-month period ending September 30th, there were 1,618,987
bankruptcies filed, down from the 1,661,996 bankruptcy cases filed in
fiscal year 2003. During the third quarter, there were 396,438 consumer
and business bankruptcy filings, a decline of more than 4% over 3Q/03,
and down nearly 6% from the previous quarter. The decline for the first
nine months of this year is the first drop in consumer bankruptcy
filings since 2000.
Monthly Filings Historical
Nov 03: 131,921
Dec 03: 113,383
Jan 04: 114,737
Feb 04: 124,719
Mar 04: 152,567
Apr 04: 145,543
May 04: 136,509
Jun 04: 127,742
Jul 04: 133,390
Aug 04: 125,783
Sep 04: 127,664
Oct 04: 133,404
Nov 04: 116,952
Source: CardData (www.carddata.com)
Bankruptcy filings during November declined more than 11% over year ago
levels. Overall, bankruptcy filings are down more than 4% year-to-date.
During November, 116,952 filings were made compared to 131,921 for
November 2003. Year-to-date bankruptcy filings were 1.4 million. During
the 12-month period ending September 30th, there were 1,618,987
bankruptcies filed, down from the 1,661,996 bankruptcy cases filed in
fiscal year 2003. During the third quarter, there were 396,438 consumer
and business bankruptcy filings, a decline of more than 4% over 3Q/03,
and down nearly 6% from the previous quarter. The decline for the first
nine months of this year is the first drop in consumer bankruptcy
filings since 2000.
