Government
Jun. 9, 2009
California Bankruptcy Filings Soared in Last Year
The nationwide explosion of bankruptcy filings was cataclysmic in California, where filings skyrocketed by 80 percent for the 12 months ending in March, according to newly released statistics.
By Robert Iafolla
Daily Journal Staff Writer WASHINGTON - The nationwide explosion of bankruptcy filings fueled by the recession was cataclysmic in California, where such filings skyrocketed 80 percent in the 12 months ending in March, according to newly released statistics from the Administrative Office of the U.S. Courts. By comparison, bankruptcy filings jumped by 33 percent across the nation in that same period. No federal district w...
Daily Journal Staff Writer WASHINGTON - The nationwide explosion of bankruptcy filings fueled by the recession was cataclysmic in California, where such filings skyrocketed 80 percent in the 12 months ending in March, according to newly released statistics from the Administrative Office of the U.S. Courts. By comparison, bankruptcy filings jumped by 33 percent across the nation in that same period. No federal district w...
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