The U.S Bankruptcy Court for one of the Northern Districts of Ohio has reported a decrease in bankruptcy filings in 2010 as compared to 2009.
According to the American Bankruptcy Institute, the national average of bankruptcy filings rose by 9 percent and the courts in Youngstown reported a decrease of three percent.
In 2009, the number of bankruptcy filings reached 4,935 in Youngstown courts and in 2010 the filings went back down to 4,811. Most of the cases were reported as Chapter 7 liquidation filings.
If you or a loved one are having financial issues and would like to learn about all of your options during this time, contact the Florida chapter 7 bankruptcy lawyers of Ryan J. Really, Attorney at Law, PLLC, by calling (239) 237-0675 today.