Saturday, November 26, 2011

Bankruptcy filings in Phoenix area keep falling

Bankruptcy filings in the Phoenix metropolitan area continue to drop.

Filings in October rose slightly from September, but fell 22 percent from October 2010. That's the ninth consecutive month of year-over-year declines.

The Arizona Republic says filings are down 13 percent for the year to date, compared with the first 10 months of 2010.

The same trends are apparent across Arizona, where statewide filings fell 23 percent in October and the year-to-date numbers are down 13 percent.

Read the rest of the article at KPHO

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