Law Practice
Aug. 21, 2007
Experts: Bankruptcies Drop But the Decline Is Deceiving
LOS ANGELES - Bankruptcy filings dropped 76 percent within the 9th Circuit and 70 percent nationally in 2006 compared to the previous year, according to the circuit's newly released annual report, but bankruptcy experts say this statistical comparison is meaningless.
Daily Journal Staff Writer
LOS ANGELES - Bankruptcy filings dropped 76 percent within the 9th Circuit and 70 percent nationally in 2006 compared to the previous year, according to the circuit's newly released annual report, but bankruptcy experts say this statistical comparison is meaningless.
A massive spike in filings leading up to the overhaul of the bankruptc...
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