NEWS FLASH! July 26, 2007: The bankruptcy statistics for June, 2007 were released on the Internet today.
Insolvencies Fall in June, 2007 by 0.9%,
Year to Date Insolvencies are up by 1.2%.
Current Month:
Consumer Bankruptcies down 2.9% compared with the same month last year.
Business Bankruptcies down 13.3% compared with the same month last year.
Proposals rose 11.2% compared with the same month last year.
Year to Date:
Year to Date Insolvencies rose by 1.2% compared to the same period last year.
Consumer Bankruptcies down 0.8% compared with the same period last year.
Business Bankruptcies down 9.3% compared with the same period last year.
Proposals rose 13.1% compared with the same period last year.
For more information and more detailed analysis please refer to this site.
The federal student loan program is charging more interest than necessary and forcing thousands of grads to default, according to a