Despite an uptick in the number of bankruptcy filings last month, this year is on pace to see fewer filings than at any point since the financial crisis erupted.
New filings in U.S. bankruptcy courts, including both commercial and consumer activity, totaled 87,684 during July, data released Monday indicate.
That was more than in the previous month, when a revised 83,603 new bankruptcy filings were made by consumers and businesses.
