Insolvency Filings Rise


The Administrative Office for US Courts reports that bankruptcy filings for the 12-month period ending June 30, 1996 were (compared with filings in the 12- month period ending June 30, 1995):

  Total
Filings
Business
Filings
Non-Business
Filings
June 30, 1996 1,042,110 52,938 989,172
June 30, 1995 858,104 51,288 788,509
  up 21.4% up 3.2% up 25.4%


Filings in eight states accounted for 53.6% of the business filings:

California 11,773 Minnesota 2,055
Texas 3,607 Pennsylvania 1,888
New York 3,521 Georgia 1,755
Florida 2,071 Illinois 1,703


Filings in eight states accounted for 48.7% of the non- business filings:

California 152,511 Georgia 49,154
New York 52,586 Illinois 46,842
Texas 50,614 Tennessee 42,649
Florida 49,858 Ohio 37,747
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