News Flash! November 8, 2010 —Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled 1,596,355, up 13.8 percent over total FY 2009 bankruptcy filings of 1,402,816, according to statistics released today by the Administrative Office of the U.S. Courts. While non-business bankruptcy filings continued to rise in FY 2010, business filings dropped slightly for the first time since 2006. The bankruptcies reported today are for October 1, 2009 through September 30, 2010.
Business and Non-Business Filings
Non-business filings totaled 1,538,033, up 14.4 percent from the 1,344,095 non-business bankruptcy filings in September 2009. This is the highest number of non-business filings for a fiscal year since FY 2005, immediately prior to the implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act in October 2006.
Business filings totaled 58,322, down 0.7 percent from the 58,721 business filings in the 12-month period ending September 30, 2009.
If you have any questions about filing bankruptcy in Maryland, call and speak with one of a bankruptcy attorney today, call (410) 766-4044, or (301) 587-8900 or e-mail us at
mdlaws@aol.com.
We file Chapter 7 and Chapter 13 bankruptcies. We help people eliminate credit card debt, medical bills, judgements and other unsecured debts. We help people save their homes and prevent foreclosures. We have offices in Anne Arundel County, Glen Burnie, Pasadena, Hanover, Howard County, Columbia, Baltimore County and all throughout the state of Maryland.
We offer a free consulation in EVERY case.
