Consumer bankruptcy filings reached their highest point since 2005 in the first half of this year. Through the first six months of 2010, consumer bankruptcy filings increased to 770,117 – 14% more than filings made over the same period last year, the American Bankruptcy Institute said.
AutoNation’s 2011 first quarter retail used vehicle revenue increased 13%. Parts and service revenue increased 6%, and finance and insurance revenue increased 16% compared to the first quarter 2010.
Last week, General Motors (GM, Fortune 500) reported a $15.5 billion second quarter net loss. While its operating loss was only $6.3 billion. for example. However, filing for bankruptcy protection.
Total U.S. consumer debt reached an all-time high in the third quarter at $4.372 trillion, up 3.8 percent from a year earlier (Chart 9). 13 Excluding student loans, total consumer debt was $2.930 trillion, up 2.6 percent from a year earlier and also a historical high.
U.S. consumer bankruptcy filings totaled 770,117 nationwide during the first six months of 2010, a 14 percent increase from the year-ago period, according to the American Bankruptcy Institute (ABI). October Consumer Bankruptcy Filings Surge 28 Percent Over Last Year
The US share will fall to. About 6% of US respondents said they already owned a wearable device, which is where tablets were in the first quarter of 2011 (the tablet category was launched by the.
The American Bankruptcy Institute’s (ABI) Commission on Consumer Bankruptcy is reviewing filing trends to make recommendations for improvement to the consumer bankruptcy system. The total bankruptcy filings in the first calendar quarter, Jan. 1 – March 31 this year, declined slightly by 0.23 percent to 195,199, compared to 195,647 during the same time in 2016.
William McComb, Chief Executive Officer of Liz Claiborne Inc., predicted on the fourth-quarter 2008 earnings call that the fashion company, whose store labels include lucky brand, Kate Spade, and.
There were nearly 1.6 million consumer bankruptcy filings in the United States in 2004 – more than twice the number just ten years earlier, and more than one filing for every 70 households in the.
July 2, 2010 Alexandria, Va. – U.S. consumer bankruptcy filings totaled 770,117 nationwide during the first six months of 2010 (Jan. 1-June 30), a 14 percent increase over the 675,351 total consumer filings during the same period a year ago, according to the American Bankruptcy Institute (ABI), relying on data from the National bankruptcy research center (nbkrc). The consumer filings for the first half of 2010 represent the highest total since 2005, when Congress enacted the Bankruptcy.
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With the consumer under pressure, almost a quarter of high street shops have signalled they are near to bankruptcy. government and other services by nearly one percentage point, after an increase.