The Boston Herald reports this morning:
The number of Massachusetts people filing for Chapter 13 personal bankruptcy jumped to 2,187 during the first half of 2007, up 85 percent over the previous year and up 78 percent during the same period in 2004, prior to when the U.S. bankruptcy system was overhauled in 2005.
The number of Chapter 7 liquidation filings also more than doubled to 4,251 during the first half of the year, compared to the year-ago period, according to preliminary data from the U.S. Bankruptcy Court’s Massachusetts District.
Related posts:
- Mass Foreclosures Update
- Falling Prices, Rising Rates, Stormy Weather
- Mass. Bankruptcy Judge Rules Trust Property Is Chapter 7 Estate Property
- Filing Bankruptcy. Again.
- Mass Attorney General Goes After Mortgage Rescue Scammers
Tags: Bankruptcy, Chapter 11, Chapter 13, Chapter 7, Homes, homesteads and real estate, In the News, Mortgages and Foreclosures