Bankruptcy Filings Slide In 1st Half Of 2012, Report Says

Law360, New York (July 5, 2012, 10:44 PM EDT) -- Bankruptcies decreased across the board in the first half of 2012 with commercial filings taking the biggest dip, falling 21.8 percent to 30,946 against 39,598 from the same six-month period in 2011, according to figures released Thursday.

Chapter 11 filings from January to June also fell nationwide this year, with 5,313 cases marking a 12.5 percent decrease from the 6,070 reported in the same period in 2011, while total bankruptcies totaled 632,130, a 13.6 percent slide from 731,500 a year ago, the report by the American...
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