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Mix-Ansicht- Bankruptcy Filings Hit Record High-Again - Cosa, 23.05.2002, 13:56
- Re: Bankruptcy Filings Hit Record High-Again/ und alle reden vom Aufschwung.... - JüKü, 23.05.2002, 23:39
- Re: Bankruptcy Filings Hit Record High-Again/ und alle reden vom Aufschwung.... - JüKü, 23.05.2002, 23:41
Bankruptcy Filings Hit Record High-Again
Hi!
Vielleicht wurde es schon gepostet, dann hält bekanntlich doppelt besser *g*
<font size="4">Bankruptcy Filings Hit Record High-Again</font>
Break 1.5 Million Mark for 12-Month Period
May 16, 2002, Alexandria, Va.? Bankruptcy filings broke the record for filings in any 12-month period, rising 15.1 percent in the 12-month period ending March 31, 2002, according to data released today by the Administrative Office of the U.S. Courts. Filings rose from 1,307,857 in the 12-month period ended March 31, 2001, to 1,504,806 in the same period in 2002. The previous highest total of filings for any 12-month period was in the 12-month period ending Dec. 31, 2001, with a total of 1,492,129.
The total number of new bankruptcies filed during the first quarter of calendar year 2002 (Jan. 1 to March 31) rose 3.3 percent, increasing from 366,841 to 379,012 over the same period a year ago. The new mark is the highest first quarter ever, and the second highest three-month figure in history.
"The continued record-breaking pace of new bankruptcy filings will likely fuel new calls for legislation making bankruptcy less available," said American Bankruptcy Institute Executive Director Samuel J. Gerdano."While the pending bill will ultimately reduce the scope of bankruptcy relief, in the short term it will push filings higher, as consumers race to take advantage of the current debtor-friendly law."
Of the 379,012 bankruptcy filings for the 3-month period ending March 31, the largest number of filings continues to be under chapter 7. Total chapter 7 filings for the first quarter were 265,128, a 1.7 percent increase from 260,692 in 2001. Chapter 13 filings, the next largest category, increased by 7.4 percent from 103,168 for the same period in 2001 to 110,835. Chapter 11 filings rose 2.06 percent from 2,961 to 3,022, spurred by a continuing number of large public company filings. Chapter 12 filings increased 41.6 percent from 12 to 17, in the quarter ending March 31, 2002. Chapter 12 expired on Oct. 1, 2001, but has been extended through the end of 2002 by the just-passed farm bill.
BUSINESS filings for the 3-month period ending March 31 totaled 9,775, which is down 2.3 percent from the 10,005 bankruptcy business cases filed in the same period in 2001. NON-BUSINESS filings increased 3.47 percent, from 356,836 in 2001 to 369,237 in 2002.
The chapter* breakdown of NON-BUSINESS filings for the 3-month period ending March 31, 2002, is: 259,447 chapter 7s, 261 chapter 11s, and 109,527 chapter 13s.
The chapter breakdown of NON-BUSINESS filings for the 12-month period ending March 31, 2002, is: 1,036,410 chapter 7s, 854 chapter 11s, and 427,693 chapter 13s.
Gruss
Cosa
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