American Bankruptcy Institute

Personal Bankruptcy Filings Fall, but Hold the Applause

In this cloudy economy, we're all constantly hunting through the news and statistics for silver linings. Here's one that looks promising: In the first nine months of 2011, personal bankruptcy filings decreased 10% compared to a year earlier -- but experts say hold the applause.

Bankruptcies: Could 2011 Be Even Better Than 2010?

In another bit of good economic news, the list of U.S. business bankruptcies will likely get shorter, and probably less distinguished, in 2011, just as it did this year. Still, several factors beyond an improving economy are also at play here.