Government
Mar. 17, 2011
Central District Bankruptcies Skyrocket
Bankruptcy filings in the Central District of California skyrocketed by 42 percent during fiscal year 2010, the largest rate of increase in any single federal district, according to statistics released by Judiciary Tuesday.
Daily Journal Staff Writer
WASHINGTON - Bankruptcy filings in the Central District of California skyrocketed by 42 percent during fiscal year 2010, the largest rate of increase in any federal district and three times the growth rate nationwide, according to statistics released Tuesday by the Administrative Office of the Courts.
Filings also spiked in California's three other federal districts, jumping by 29 percent in the...
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