Alaska bankruptcy filings start to rise in 2006. Even though the laws passed in October 2005 continue to impact the number of bankruptcy cases in all the states, lawyers are beginning to see more Alaska bankruptcy filings in their caseload.
This 8.7 percent increase in the twelve-month period ending June 2006 shows that the new laws have not permanently impacted the number of Alaska bankruptcy cases. Anyone who is having financial challenges can still consider bankruptcy as an option.
This entry was posted on Saturday, September 30th, 2006 at 3:24 pm and is filed under Bankruptcy Courts. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
I think it scared everyone for a while, however, there were some changes that needed to be made. It just puts more responcabilty on the attorney and the debtor has to put forth more effort to file. But I believe that the way we are headed the public is not going to have a choice to consier filing bankruptcy.