Bankruptcy
Oct. 30, 2015
National bankruptcy filings lowest since 2007
Experts say steady employment, low oil prices and interest rates main factors in decrease
Daily Journal Staff Writer
Bankruptcy filings were down roughly 14 percent in California for fiscal year 2015, a drop that some bankruptcy experts have attributed to sustained low interest rates and an economy ripe for transactions.
There were a total of 83,645 bankruptcies filed in California over the fiscal year, the 12-month period that ran until Sept. 30, 2015, according to statistics released Wednesday by the Adm...
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