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Tag Archives: BK Statistics
60% of banks still unsure how to serve millennials
FROM: Subprime Auto Finance News
BRENTWOOD, Tenn. -Along with an inkling about what its auto lending prospects might be, initial findings from the 2015 Growth Strategy Survey orchestrated by Bank Director showed the traditional banking industry may find itself unable to attract what orchestrators called a “decidedly untraditional digital generation.” Read More…
Bankruptcy abuse act, a decade later
For bankruptcy practitioners, it’s hard to believe that it’s been 10 years since the Bankruptcy Abuse and Consumer Protection Act (BAPCPA) went into full effect in October 2005. Read more…
Consumer Bankruptcy Filings Inch Up
The number of new bankruptcy filings made last month was up minimally on a month-over-month basis, though activity slowed from a year earlier.
Businesses and consumers made 69,723 bankruptcy filings during June. Activity crept up from the previous month, when there were 69,286 fillings.
But despite the modest deterioration, U.S. Bankruptcy Courts were hit with fewer filings than in June 2014, when the total was 73,855. Read More
ANNUAL FILINGS REVIEW 2013/2014
During the 12-month period ending December 31, 2014, 936,795 cases were filed in federal bankruptcy courts, down from the 1,071,932 bankruptcy cases filed in calendar year 2013—a 12.6 percent drop in filings.
NADA BOUND
The BEBdata tribe is putting the final touches on plans for our attendance at the 2015 NADA Convention & Expo. This is the “it” conference for the auto industry and we never miss it!
This year’s keynote speakers include Jeb Bush and Jay Leno! For a complete listing of speakers click here.
Excellent workshops such as, “Exceptional Experience that Win Digital Buyers” and “NexGen Dealers Leading the Future Their Way Today” are only a few of the exciting and trending topics that will be discussed.
We’ll have the latest information on BK trends and you can review our data card by clicking below! Hope to see you there!
BK Declines for 5th Straight Year
2014 Bankruptcy Highlights
- Total BK Filings down 12% in 2014
- Less than 1 million BK Filings – first time in 7 years
- Non Commercial Filings total 875,635, down 11%
- 2013 average nationwide per capital BK Filing rate was 3.33. In 2014, it dropped to 2.93
Stats taken from article provided by Subprime Auto Finance news. Click here to read it in its entirety
CH7 FILINGS|DISCHARGES – TOP 10 STATES BY VOLUME
Chapter 7 Filings / Discharges
Top 10 States by Volume for 2014
BEBdata blog presents bankruptcy records of the 2014 Chapter 7 Filings & Discharges. CA leads the pack with almost double the runner up state of FL.
BK Filings at the lowest since 1995
Bob Lawless, a frequent contributor to the Bankruptcy Blog known as Credit Slips recently submitted a blog explaining why Bankruptcy Filings will be at their lowest numbers since 1995. Check out the details of this fascinating topic by clicking here.
Consumer Bankruptcy Data – YTD Top 10 States Chapter 7 Filings
