Wisconsin bankruptcies decrease by 8 percent in 2011

by DeLadurantey Law Office, LLC on July 28, 2011

Looking at the first 6 months of 2011, Wisconsin bankruptcy filings dropped by 8.4 percent from a year before.  From January to June 2011, a total of 14,682 bankruptcies were filed in the state.

According to the American Bankruptcy Institute, 80 percent of these filings were chapter 7 personal bankruptcies.  Consumer bankruptcies alone decreased by nearly 8 percent to 709,303.

Experts say that they have noticed more mid-level income earners filing for bankruptcy.  A few examples of mid-level occupations that experts have noticed people filing for bankruptcy recently are involved in include sales, nursing, teaching, home building, and trucking.

If you or someone you know has questions about filing for bankruptcy protection, contact the Milwaukee bankruptcy lawyers of DeLadurantey Law Office, LLC at 414-377-0518 to learn more today.

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