The number of new bankruptcy filings made last month was up minimally on a month-over-month basis, though activity slowed from a year earlier.
Businesses and consumers made 69,723 bankruptcy filings during June. Activity crept up from the previous month, when there were 69,286 fillings.
But despite the modest deterioration,
U.S. Bankruptcy Courts were hit with fewer filings than in June 2014, when the total was 73,855.
The statistics were reported Thursday by the American Bankruptcy Institute.
ABI said that the per-capita rate was 2.72 for the six months ended June 30.
Tennessee had the highest per-capita rate: 5.68. After that was Alabama’s 5.20, then 4.89 in Georgia,
4.51 in Illinois and 4.40 in Utah.
Consumers filed a total of 67,293 new bankruptcies in June 2015, according to the ABI data.
Non-commercial filings
worsened from the 66,771 new bankruptcies a month earlier.
But, as was the case with overall filings, consumer bankruptcies slowed from the same month last year, when the total was
70,996.
For the entire first-half 2015, non-commercial
filings worked out to 407,764.
