The number of Delaware bankruptcy cases filed in the second quarter of this year increased 38% from the previous quarter. Consumers are getting the message that bankruptcy is still a course of action they can take to repair their financial situation.
Consumers have to qualify through a means test to file a Chapter 7 bankruptcy in Delaware. If they don't qualify, they may still be eligible to file under Chapter 13. Either way, the Delaware bankruptcy courts will likely see even more bankruptcy filings in the last two quarters of the 2006.
This entry was posted on Monday, November 27th, 2006 at 5:59 pm and is filed under The 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.