Wednesday, February 2, 2011

Bankruptcy Blast Fact

In Massachusetts, in 2009, there were 20,613 bankruptcy filings. This represents a 6.5% increase over the 2008 figures.

82% of filings were Chapter 7 and 18% were Chapter 13.

(Information based on figures provided by the American Bankruptcy Institute.)

Disclaimer: This blog is for informational purposes only and does not establish a client-attorney relationship. Consult with an attorney before taking action on any information found herein as individual circumstances may affect the applicability of information provided. Call The Law Office of Michael Riley at 508-405-0831 with any questions.

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