Northern Illinois private bankruptcy 2Q
Declarations of bankruptcy in the territory, and the Chicago suburbs has jumped by 34% in the second quarter of the previous year period.
In the U.S. Bankruptcy Court for the Northern District of Illinois, including Chicago and Rockford, 6706 Non-business bankruptcies were during the second quarter, according to the latest figures available from the American Institute of bankruptcy law. In the second quarter of last year, 5012 cases of bankruptcy were non-commercial in this Tribunal.
A total of 9917 non-business bankruptcies were across the Illinois during the second quarter compared to 7424 for the same period last year, after the ABI, Alexandria, Va.-based research organization.
Total bankruptcy for the third quarter, businesses, among other submissions were 31.4%, after the northern district of U.S. Bankruptcy Court While the Tribunal does not separate the economy and other submissions, personal bankruptcies are generally 97% to 98% all applications.
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