A Look at Bankruptcy


by Steven Davies on Jun 26, 2013 | Views: 136 | Score: 0
1
1981360329
1982367866
1983374734
1984344275
1985364536
1986477856
1987561278
1988594567
1989642993
1990725484
1991880399
1992972490
1993918734
1994845257
1995858104
19961042110
19971316999
19981429451
19991391964
20001276922
20011386606
20021505306
20031650279
20041635725
20051637254
20061484570
2007751056
2008967831
20091306315
20101572597
Number of bankruptcies filed
Sources: census.gov
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Steven Davies
Steven Davies on Jun 26, 2013 8:54 AM said:

The number of bankruptcies filed in the U.S. decreased by almost 50% in 2007, likely due to a law made in 2005 restricting the number of people eligible to file for Chapter 7 bankruptcy. However, the number of bankruptcies filed increased after 2007, likely due to the financial collapse.