Bankruptcy
Aug. 10, 2011
Central District leads in bankruptcy filings
California's Central District has emerged as a hotbed for bankruptcies, where filings spiked by 13 percent over the past year, in stark contrast to the 3 percent dip nationwide.
Daily Journal Staff Writer
WASHINGTON - California's Central District has emerged as a hotbed of bankruptcies, according to statistics released by the federal judiciary.
Filings spiked 13 percent over the 12-month period ending June 30, in stark contrast to the 2.7 percent dip nationwide. Only the Southern District of Florida, which saw a 15.1 percent jump, had a larger increase.
The statistics, released Friday,...
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