Personal bankruptcy filings continued to slow in September as Americans were less eager to turn to the courts for financial relief.
The number of consumer bankruptcies dropped 17% to 108,517 in September compared to the same month a year ago, the American Bankruptcy Institute and National Bankruptcy Research Center said Tuesday. So far this year, the number of consumer bankruptcies was 10% lower than the same time period a year ago.
Filings also fell 4% from a month earlier, though the numbers aren’t adjusted for seasonal fluctuations.
Read the rest of the article at the Wall Street Journal
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