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Curious bankruptcy stats

Bankruptcy courtThere was a troubling - and interesting - jump in bankruptcy filings in Buffalo in October. The 13 percent increase - from 362 to 409 filings - was the largest year-over-year increase in three years.

Filings have been dropping for almost two years. That may sound positive, but bankruptcy experts said the reason was most likley people were so broke, they couldn't afford the attorney fees to file.

Could it be that tough times have reached those who can afford bankruptcy and have enough to save through filing? We'll keep an eye on it.

- Grove Potter

 

 

 

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