January 5, 2010
The LA Times reported 116,000 total bankruptcy filings in December, 2009. This compares to 115,500 in November, and 130,200 in October, 2009. The rest of the year is: 125,500 September; 120,000 in August; 130,500 in July; 124,800 in June; 120,400 in May; 128,700 in April, 131,000 in March, 102,000 in February and 89,000 in January.
Total filings 2009; 1,446,000
Total filings 2008; 1,096,000
Total filings 2007; 827,000
Last December was 95,900 total for the month.
I had a hearing yesterday in Bankruptcy Court Woodland Hills. In the clerk's office at 10:00 a.m., all five windows were open helping people and there were at least 25 people in line.
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