Bankruptcy Statistics and the Outlook For 2010


All Portland Oregon Bankruptcy Attorneys have seen an increase in new bankruptcy clients and filings this year.

The number of bankruptcy cases filed in year 2009 in the United States increased by over 35% over the preceding year of 2008. The Administrative Office of the U.S. courts released a report that over 1,300,000 bankruptcy filings have been filed in the fiscal year ending in June 2009. According to same office, the previous year saw less than 1,000,00 filings.

The overwhelming majority of bankruptcy filings are consumer cases. The talley of consumer fillings, 1,250,000 in all were filed in 2009. That was a 34% increase since 2008.

Bankruptcy San Diego, Bankruptcy Help, Bankruptcy Records,

Chapter 11 saw the sharpest rise in filings in 2009. These bankruptcy filings rose 91% in 2009.

Unfortunately the upward trend of new filings shows no sign of slowing down.

Consider for attorney, who makes you relaxed and is understanding about your problem. Try to found out if the attorney is organized, prompt and work well together. Last but not the least, you should also make sure that matters about fees and payment are settled will offer free consultations, give you experienced service, and ask you to fill out evaluation form etc.

As long as President Obama is in office and continues to attack businesses with threats of new taxes, business owners will continue to lay off workers in an attempt to stay in business. This new administration is partially to blame for the countries mistrust of our economy as President Obama continues to lie about the economic situation the U.S. is in.


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