Bankruptcy Filings Rise 16.2 Percent in 2024

Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending Sept. 30, 2024, compared with the previous year.

According to statistics from the Administrative Office of the U.S. Courts, annual bankruptcy filings increased by nearly 100,000 over the previous year.

Business filings rose 33.5 percent and non-business bankruptcy filings rose 15.5 percent! Total filings have increased each quarter since June 2022.

If you are overwhelmed by your current financial situation, give the Law Office of Camron Hoorfar a call 816-944-0251.

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