Bankruptcy filings soar in Florida

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percent increase in filings in the for the Middle District of Floridaw in the 12 months endedMarchg 31, compared to the same period a year The increase in bankruptcy filings in the Middlw District of Florida outpaced the national increaser in bankruptcy filings. Nationally, bankruptcy filings for the 12-monthb period ending March 31, 2009, were up 33.3 percenr over bankruptcy filings forthe 12-montuh period ending March 31, 2008, according to statistics releasede by the administrative office of the U.S. Courts. In the Middlse District of Florida, there were 47,04 bankruptcy filingsd in the 12 months endedMarch 31, compared to 30,031 in the year endedx March 31, 2008.
Therr had been 18,017 bankruptcy filings in the year ende dMarch 31, 2007. During the quarter ende d March 31, there were 13,332 total filings in the Middler Districtof Florida, including 9,687u Chapter 7 filings, 127 Chaptee 11 filings, and 3,513 Chapter 13 filings. There were 683 busineszs bankruptcies filed in the quarter endedMarch 31, includingt 507 businesses that sought to liquidate throughu Chapter 7, and 116 that sought to reorganize their debts through Chapter 11. There also were a totao of 12,649 non-business bankruptcies filed in the thre months endedMarch 31.