“While still below pre-pandemic totals, bankruptcy filings continue to increase amid growing debt loads due to inflationary pressures and reduced availability of low-cost financing,” said ABI Executive Director Amy Quackenboss.
Read More »Uncovering Diamonds in the Rough
Wendy Lee of Sagent explains how to properly refine talent during this tough 2022-23 mortgage cycle.
Read More »Summer Ends Amid Rising Bankruptcies
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its August 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings increased by 10% since last year representing 35,276 filings of all types, up ...
Read More »Total Bankruptcies Down 10% YoY
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its May 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 3.74% last month representing 31,314 cases 32,508 filings of ...
Read More »Bankruptcies Down Over 20% YoY
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its April 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 10% last month representing 32,508 filings of all types, down ...
Read More »Bankruptcies Jump by 34% in March
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its March 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings increased by 34% last month representing 36,049 filings of all types, up ...
Read More »AACER: September Sees Second-Lowest Monthly Bankruptcy Filing Total of 2015
Bankruptcy filings nationwide totaled 62,358 for the month of September, the second-lowest total for any month this year, according to September 2015 AACER bankruptcy data reported by Epiq Systems.
Read More »AACER: Third-Lowest Monthly Bankruptcy Filings Total of 2015 Reported in August
Bankruptcy filings nationwide totaled 67,712 over 21 filing days for the month of August, the third-lowest monthly total in 2015 and a decline of more than 7,000 from August 2014, according to August 2015 AACER bankruptcy data reported by Epiq Systems. Filings were lower in August 2015 by 7,522 from the previous August. The total of 67,712 for the month was third-lowest this year behind January (59,087) and February (65,054).
Read More »Similar Consumer Debt Patterns Found in Borrower-Lender Data Comparison
Debt-holding patterns reported by borrowers and those reported by lenders seem to agree more than one would expect, according to a study released by the Federal Reserve Bank of New York on Monday.
Read More »Ohio Senator Urges Regulators to Act Against ‘Zombie Debts’
Following his introduction of the Consumer Reporting Fairness Act last month, Senator Sherrod Brown (D-Ohio) this week urged federal government agencies to more closely monitor the selling of so-called "zombie debt" by financial institutions to debt collector.
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