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Bankruptcy Filings Increase

By Lina Robertson

Real Estate Agent with AMAX Real Estate NRDS #2000172379

November 28, 2009 03:33 PM

According to the U.S. Bankruptcy Courts, bankruptcy filings are up 34% over last fiscal year. To find out how your state ranks in bankruptcy filings, see the chart below provided by The Calculated Risk Blog.

Bankruptcy Filings

I was talking with a family member on Thanksgiving Day about how professions that you wouldn't think would be affected by the current economy are suffering. It seems that nobody is safe anymore. My response was, "The only occupations that are truly safe in a poor economy is funeral director and bankruptcy attorney."

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Gina Tufano

Ask Gina & Company with Pearson Smith Realty - Sterling, VA

Ask Gina & Company, Northern Virginia Real Estate

Lina - Great graph! Thanks for sharing!

Nov 28, 2009 03:38 PM

Chris Brunner

GreatFX Printing - Springfield, MO

GreatFX Printing

Another nice chart, Lina. Isn't it interesting how D.C. is at the very bottom of the list, followed only by Alaska?

Nov 28, 2009 04:37 PM

Carla Muss-Jacobs, RETIRED

RETIRED / State License is Inactive - Portland, OR

Schucks! At first I thought that was a year-to-date graph, and if so it would show filings going down. Then I read it, and it's state-by-state. AGHHHH!! But thanks for the graph!

Nov 28, 2009 05:14 PM

Jim Hale

ACTIONAGENTS.NET - Eugene, OR

Eugene Oregon's Best Home Search Website

There's good old Oregon...right in the middle as usual.

Nov 28, 2009 06:08 PM

Kathryn Acciari

Central One Federal Credit Union - Shrewsbury, MA

Mortgage Loan Originator

Very interesting information, Lina. Just another indicator that we have some significant work to do before our wonderful country can return to a stabilized economy.

Nov 28, 2009 07:28 PM

Trey Thurmond

BCR Realtors - College Station, TX

College Station , Texas Homes

Lina

Looks like the economy has got a long ways to go before things really turn around. People who are broke usually file. Does our country need too?

Nov 29, 2009 12:09 AM

Lina Robertson

AMAX Real Estate - Springfield, MO

REALTOR® Serving Springfield, Nixa and Ozark, MO

Gina - Thanks for the comment.

Chris - I noticed where DC was too!

Carla - It's deceiving when you look at it at first. I'd like to find a year to date chart.

Jim - Missouri was farther up on the list than I expected as well.

Kathryn - I think we're going to be here for a couple of years.

Trey - That's funny. I think our country might be headed there!

Nov 29, 2009 01:48 AM

Janna Scharf

Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID

Coeur d'Alene Idaho Real Estate Expert

This is a very interesting chart that I had never seen before. Sure is an eye-opener, isn't it. Thanks.

Nov 29, 2009 02:41 AM

Michelle Gibson

Hansen Real Estate Group Inc. - Wellington, FL

REALTOR

Lina - I'm not shocked that there has been an increase in bankruptcy filings, but I am a little surprised by the order of states.

Nov 29, 2009 11:10 AM

Bankruptcy Filings Increase

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Lina Robertson

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