Categories: Local Bankruptcy News

Chapter 7 Bankruptcy May 2014

There were 1,021 Chapter 7 Bankruptcy cases filed in the Sacramento area during May 2014. That is a very slight decrease from April 2014 and ends the four-month series of increase of bankruptcy filings in Sacramento.

Of the 1,021 new Chapter 7 cases, 121 were filed by pro se debtors. That works out to be almost 12% of all Chapter 7 cases. “Pro se” means that the debtors filed their cases without the assistance of an attorney or law firm.

There were 235 practicing Chapter 7 Bankruptcy attorneys in Sacramento last month. The top Chapter 7 filer had 71 cases — almost 8% of the total attorney-filed caseload. 186 of the 235 practicing Chapter 7 Bankruptcy attorneys filed five or fewer Chapter 7 cases during March.

I am always available to discuss Chapter 7 or Chapter 13 Bankruptcy. Please contact my office with any questions. I can be reached at (916) 333-2222.

Attorney Rick Morin

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Attorney Rick Morin

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