Advertisement

U.S. Bankruptcy Filings Stay Near Record Highs

Share
From Reuters

U.S. bankruptcy filings in 2003 were barely changed from record 12-month highs reported three months earlier, a government report showed.

Personal bankruptcies for all of 2003 rose 5.6% to 1.63 million from a year earlier, and business filings fell 9.1% to 35,037, according to data from the Administrative Office of the U.S. Courts.

Total calendar 2003 bankruptcy filings of 1,660,245 were up 5.2% from 2002 but were just shy of the 1,661,996 high reported for the courts’ fiscal year that ended Sept. 30.

Advertisement
Advertisement