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consumer bankruptcies

Judge: Ally Violated Bankruptcy Rules

A U.S. bankruptcy judge accused Ally Financial of sending confusing letters to bankrupt customers that demanded payments on debts they no longer owed. Ally was ordered to pay $11,000 to a recipient of such a letter.

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February Bankruptcy Filings Increase 19 Percent

The American Bankruptcy Institute (ABI) announced that total bankruptcy filings in the United States increased 19 percent in February vs. January.

Bankruptcy Filings Declined 12 Percent in 2011, ABI Reports

The American Bankruptcy Institute (ABI) reported that total bankruptcy filings in the United States decreased 12 percent in 2011.

Consumer Bankruptcy Filings Down 12 Percent in November

U.S. consumer bankruptcy filings totaled 100,980 in November, a 12 percent decrease from the 114,587 total consumer filings recorded in November 2010, according to the American Bankruptcy Institute.

LEAP Financial Expands San Diego Headquarters

LEAP Financial announced it has expanded its headquarters in San Diego to support continued growth in revenues and staff.

Consumer Bankruptcies Down 18 Percent in July

The American Bankruptcy Institute announced that July consumer bankruptcies decreased 18 percent from 137,698 filings in July 2010 to 113,470.

Consumer Bankruptcy Filings Drop 8 Percent Through First Half of 2011

U.S. consumer bankruptcy filings decreased 8 percent nationwide during the first six months of 2011, according to the American Bankruptcy Institute (ABI).

April Consumer Bankruptcy Filings Fall 7 Percent

April consumer bankruptcies decreased 7 percent nationwide from April 2010, according to the American Bankruptcy Institute.

1Q Consumer Bankruptcy Filings Drop 6 Percent from 2010

Consumer bankruptcies decreased 6 percent nationwide in the first quarter of 2011 compared to the year-ago period, according to the American Bankruptcy Institute (ABI).

Consumer Bankruptcies Down 22 Percent in January

January consumer bankruptcies decreased 22 percent nationwide from December 2010, according to the American Bankruptcy Institute (ABI), relying on data from the National Bankruptcy Research Center (NBKRC).