Bankruptcy Filings Up Again
This post was written by Carmen Dellutri, Esq. of The Dellutri Law Group, P.A. Carmen Dellutri is a Board Certified Consumer Bankruptcy Attorney and is one of the founding members of the Bankruptcy Law Network.
According to the American Bankruptcy Institute, bankruptcy filings rose again in February 2008. Consumers filed approximately 76,120 petitions for bankruptcy relief. This total was up from the 66,050 filed in January. Interestingly, Chapter 13 bankruptcies were over 36% of the filings.
In Southwest Florida, filings are also up. Although I do not have the numbers for February yet, I can tell you that our offices have seen a significant increase in business lately. I believe our firm filed approximately 40 chapter 13 petitions for consumers. This upward trend in filings does not look good for the local economy.
