Through the period ending June 30, 2011, consumer bankruptcy filings fell 8% from 2010. The American Bankruptcy Institute credits consumer concentration on debt reduction with the decrease in filings. While the first half of 2011 witnessed this overall decrease, bankruptcies in June increased 4%.
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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