Mortgage Daily

Published On: September 5, 2013

New consumer bankruptcies in August down 3% from July

Although there was an uptick in overall new bankruptcy filings last month, new filings by consumers were lower.

A 1 percent rise from the previous month’s downwardly revised number left total U.S. bankruptcy filings at 88,902 for August 2013.

Bankruptcy activity has fallen, however, from August 2012, when U.S. Bankruptcy Courts were hit with an upwardly revised 104,471 new filings.

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