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Indiana bankruptcy filings decrease in 2011

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Indiana saw fewer bankruptcies for the fiscal year ending Sept. 30, 2011, than it did the year before, with the state improving its national ranking based on case filings.

The Administrative Office of the U.S. Courts released bankruptcy filing statistics Monday, showing an 8 percent decrease in the number of bankruptcy filings throughout the country between Oct. 1, 2010, and Sept. 30, 2011.

Nationally, courts saw 1,467,221 cases this year compared to the 1,596,355 million filed the year before. Filings dropped during the judiciary’s fourth quarter with 15 percent fewer than in the same three-month period in 2010. Overall, Chapter 7 filings were down 10 percent, Chapter 13 filings dropped 4 percent, and Chapter 11 filings decreased by 16 percent nationwide.

The 7th Circuit Court of Appeals that includes Indiana, Illinois and Wisconsin saw a 10 percent drop in bankruptcy filings overall, the figures show. A total 161,182 were filed last year and 145,018 by the end of this year’s fiscal year.

In the Northern District of Indiana, figures show filings decreased 15.7 percent – 16,477 by Sept. 30, 2011, compared to 19,538 by that time in 2010. The Chapter 7 filings dropped by 16 percent while the Chapter 13 filings decreased by 13.4 percent.

In the Southern District of Indiana, overall filings decreased by 14.5 percent – 24,727 this year compared to 28,905 last year. The Chapter 7 filings decreased by 13.8 percent and the Chapter 13 filings dropped by 15.5 percent, statistics show.

Fewer filings improved Indiana’s national bankruptcy ranking. The state is ranked seventh this year in overall filings, compared to fourth last year. Indiana was third last year in Chapter 7 filings, and this year the state ranked sixth. Indiana dropped from 10th to 11th place in Chapter 13 filings.
 

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  1. A traditional parade of attorneys? Really Evansville? Y'all need to get out more. When is the traditional parade of notaries? Nurses? Sanitation workers? Pole dancers? I gotta wonder, do throngs of admiring citizens gather to laud these marching servants of the constitution? "Show us your billing records!!!" Hoping some video gets posted. Ours is not a narcissistic profession by any chance, is it? Nah .....

  2. My previous comment not an aside at court. I agree with smith. Good call. Just thought posting here a bit on the if it bleeds it leads side. Most attorneys need to think of last lines of story above.

  3. Hello everyone I'm Gina and I'm here for the exact same thing you are. I have the wonderful joy of waking up every morning to my heart being pulled out and sheer terror of what DCS is going to Throw at me and my family today.Let me start from the !bebeginning.My daughter lost all rights to her 3beautiful children due to Severe mental issues she no longer lives in our state and has cut all ties.DCS led her to belive that once she done signed over her right the babies would be with their family. We have faught screamed begged and anything else we could possibly due I hired a lawyer five grand down the drain.You know all I want is my babies home.I've done everything they have even asked me to do.Now their saying I can't see my grandchildren cause I'M on a prescription for paipain.I have a very rare blood disease it causes cellulitis a form of blood poisoning to stay dormant in my tissues and nervous system it also causes a ,blood clotting disorder.even with the two blood thinners I'm on I still Continue to develop them them also.DCS knows about my illness and still they refuse to let me see my grandchildren. I Love and miss them so much Please can anyone help Us my grandchildren and I they should be worrying about what toy there going to play with but instead there worrying about if there ever coming home again.THANK YOU DCS FOR ALL YOU'VE DONE. ( And if anyone at all has any ideals or knows who can help. Please contact (765)960~5096.only serious callers

  4. He must be a Rethuglican, for if from the other side of the aisle such acts would be merely personal and thus not something that attaches to his professional life. AND ... gotta love this ... oh, and on top of talking dirty on the phone, he also, as an aside, guess we should mention, might be important, not sure, but .... "In addition to these allegations, Keaton was accused of failing to file an appeal after he collected advance payment from a client seeking to challenge a ruling that the client repay benefits because of unreported income." rimshot

  5. I am not a fan of some of the 8.4 discipline we have seen for private conduct-- but this was so egregious and abusive and had so many points of bad conduct relates to the law and the lawyer's status as a lawyer that it is clearly a proper and just disbarment. A truly despicable account of bad acts showing unfit character to practice law. I applaud the outcome.

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