In the News

Bankruptcy Filings Drop 16% in Central Florida

AddThis Social Bookmark Button


It was recently reported in the Tampa Bay Business Journal that bankruptcy filings in Central Florida totaled 47,513 for the fiscal year 2012.  This is a drop of 16.6 percent from the previous year when Central Floridians filed 56,972 bankruptcies.   The filling of business bankruptcies also declined for the fiscal year 2012; dropping by 18.7 percent.

The total bankruptcy filings for the nation in 2012 were 1,261,140, dropping the filings by about 14.0 percent from the previous year.

Pursuant to a report published on November 7, 2012 by the United States Courts ( overall bankruptcy filings are down to their lowest mark since 2008, when the total filings amounted to 1,042,993.