Bankruptcy cases filed in federal courts for
fiscal year 2012, the 12-month period ending September 30, 2012, totaled
1,261,140, down 14 percent from the 1,467,221 bankruptcy cases filed in FY
2011, according to statistics released today by the
Administrative Office of the U.S. Courts.

There were 874,337 Chapter 7 cases filed; 10,597 Chapter 11 cases filed; 541 Chapter 12 cases filed; and 375,521 Chapter 13 cases filed.  For more information, please see: http://news.uscourts.gov/bankruptcy-filings-down-fiscal-year-2012.

For more information on bankruptcy,
please visit www.abankruptcyfirm.com/ or contact your
local Kansas City Bankruptcy Lawyer, Betsy Lynch, at 816.434.6616.

12 Responses to 2012 Bankruptcy Filings are Down

  1. I had a buyer that wanted to buy a home in Arizona, but he had a Chapter 7 bankruptcy 7 months ago. After researching the web I found a loan program at http://www.cfsflex.com, they allow a mortgage after a foreclosure, short sale, or bankruptcy. There is only a six month waiting period. Good to see lending options coming back.

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