Asheville North Carolina Bankruptcy Trends

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As far as the country goes, it has been four years since one single month showed an improvement year on year. But it has been so for October and December last year. The nation’s 90 bankruptcy centers showed the number of bankruptcies in December was 113,000, a reduction of 3% from December of 2009. Likewise the figures for October last year also showed the same pattern.

But it was not so for Asheville. In a worrying trend, the bankruptcy court there listed 83 cases in December, an increase from 29 in the same month in 2009 and 18 in 2008.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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