First Quarter Consumer Bankruptcy Filings Fall 6 Percent from 2010

Consumer purchases increased 2 percent in the fourth quarter, less than the median forecast of economists surveyed, the Commerce Department figures showed last month. Household purchases climbed 2.2.

Leading indicators fall. of 6.7 percent for the Bureau of Economic Analysis measure. In both cases, savings rates are above pre-recession levels but still below the rates of the 1960s and 1970s..

quarter, in some cases substantially. The overall District rate fell from 84.3 bankruptcy filings per 10,000 households to 77.1, while the U.S. rate fell to 81.5 from 87.7. The mortgage delinquency rate in the District increased to 6.3 percent from 6.0 percent in the first quarter (Chart 4). The U.S. rate was flat at 7.8 percent. The

American Economic Journal: Macroeconomics 2 (April 2010): 165-193.. They argue that interest rate deregulation and falling inflation, the rise in home equity. Most bankrupts (approximately 70 percent) file under Chapter 7, which is the.. 6 The filings data is an upper bound on consumer bankruptcies, since some hou.

U.S. consumer bankruptcy filings totaled 770,117 nationwide during the first six months of 2010, a 14 percent increase from the year-ago period, according to the American Bankruptcy Institute (ABI). October Consumer Bankruptcy Filings Surge 28 Percent Over Last Year

Foreclosed Owners Find Way to ‘Free’ Home? The bank spent the last two years denying Deborah Johnson’s efforts to save her Sarasota home from foreclosure, and then out of nowhere, last month, sent her an unbelievable offer. If Johnson can find.

In its 10-K regulatory filing, the world’s. through a government-sanctioned bankruptcy. GM slashed ad spending last year, but it remained the auto industry’s largest U.S. advertiser in 2009 and in.

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. only 2.2 percent in the fourth quarter of last year, down from an earlier estimate of 2.6 percent and a sharp fall from earlier quarters. This followed the announcement by the Labor Department on.

Fewer people filing for bankruptcy By Jeffrey Freedman | Bankruptcy & Debt Relief Excerpts from the Buffalo News Bankruptcies in Western New York continued to fall in April for the 11th straight month, driven, in part, by a slowdown in mortgage foreclosures and less credit available for borrowers to get into trouble.

You grew up shopping somewhere because it made you comfortable, and it many cases it was locally run. experts said. A&P first filed for bankruptcy in 2010, emerging as a private company two years.

Regional bankruptcies continue to drop faster than national rates. New case filings in the 33-county Middle District of Pennsylvania for the first half of the year declined by 12.8 percent from.