Personal and business bankruptcy filings fell 29.1 percent for the 12-month period ending Sept. 30, 2021. A steady decline in filings has continued since the coronavirus (COVID-19) crisis began.
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In the U.S. district courts, filings of civil cases involving insurance typically have surged following weather catastrophes. Over the past 20 years, devastating hurricanes and severe floods have resulted in the Eastern District of Louisiana processing the most insurance cases of any district court.
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Personal and business bankruptcy filings plummeted 32.2 percent for the 12-month period ending June 30, 2021. The number of filings was the lowest in a 12-month period since 1985.
Judiciary News – United States Courts… Read the rest