December 2010 bankruptcy filings decreased 3% nationally as compared to December 2009, with 113,000 bankruptcy filings in Dec. 2010.
There are about 90 bankruptcy districts in the nation.
There was a similar decrease in filings October 2009 to October 2010.
The nation recorded about 1.55 million bankruptcy filings in 2010, an increase of 8.0% from 2009.
There was an increase of 32% from 2008 to 2009, and a 33% increase from 2007 to 2008.
The number of filings in 2010 matched that for 2004.
The West, however, indicated ongoing growth in filings, with Hawaii up 22%, Utah increasing 19%, California up 19% and Arizona up 18%.
Bob Lawless, a University of Illinois College of Law professor believes that the slight decrease in filings might be a reflection of the increased difficulty in obtaining credit advances over the past couple of years.
As reported by Make Baker of the Associated Press, See The Seattle Times, 1/5/11 Page A-9 Business.