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A Turn of the Tide?: Bankruptcy Filings Slightly Lower in 2011.

According to the American Bankruptcy Institute, bankruptcy filings dropped slightly in 2011, from 1,593,081 in 2010 to 1,410,653 in 2011. This stopped a five year trend of successively higher filings. Note than in 2006, bankruptcy filings were only around 600,000. More information is available here: USFilings1980-2011.