Data that was released by the U.S. Bankruptcy Court in Miami show that personal bankruptcy petitions in South Florida fell 16 percent between February and March, according to the Sun Sentinel.
South Florida residents filed 2,008 bankruptcy petitions in March, which is down from 2,389 in February. The statistics indicate that consumers are faring better financially than they did a year ago, as personal bankruptcies have dropped 32 percent from the 2,969 filed in March 2010, according to the newspaper.
All of South Florida's three counties saw their bankruptcy filings fall in March. Miami-Dade County received the most petitions at 979, while 680 residents in Broward County filed. Palm Beach County saw the fewest personal bankruptcies at 349.
The Associated Press reports that the drop in bankruptcy petitions may be the result of home foreclosure cases that have been stalled in South Florida courts. According to the news source, foreclosure courts were established across the state last year to prevent those hearings from overwhelming the regular circuit court system.
PAID ATTORNEY ADVERTISEMENT: THIS WEB SITE IS A GROUP ADVERTISEMENT AND THE PARTICIPATING ATTORNEYS ARE INCLUDED BECAUSE THEY PAY AN ADVERTISING FEE. It is not a lawyer referral service or prepaid legal services plan. Total Bankruptcy is not a law firm. Your request for contact will be forwarded to the local lawyer who has paid to advertise in the ZIP code you provide. Total Bankruptcy does not endorse or recommend any lawyer or law firm who participates in the network nor does it analyze a person's legal situation when determining which participating lawyers receive a person's inquiry. It does not make any representation and has not made any judgment as to the qualifications, expertise or credentials of any participating lawyer. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers. The information contained herein is not legal advice. Any information you submit to Total Bankruptcy does not create an attorney-client relationship and may not be protected by attorney-client privilege. Do not use the form to submit confidential, time-sensitive, or privileged information. All photos are of models and do not depict clients. All case evaluations are performed by participating attorneys. An attorney responsible for the content of this Site is Kevin W. Chern, Esq., licensed in Illinois with offices at 25 East Washington, Suite 400, Chicago, Illinois 60602. To see the attorney in your area who is responsible for this advertisement, please click here, or call 866-200-8052.
FLORIDA ONLY: Total Bankruptcy is considered a lawyer referral service in the state of Florida under the Florida Rules of Professional Conduct. By all other standards, Total Bankruptcy is a group advertisement and not a lawyer referral service.
If you live in Mississippi, Missouri, New York or Wyoming, please click here for additional information.
By an Act of Congress and the President of the United States, we are a federal Debt Relief Agency. Attorneys and/or law firms promoted through this Web site are also federally designated Debt Relief Agencies. They help people file for relief under the U.S. Bankruptcy Code. Disclosures Required Under the U.S. Bankruptcy Code.