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Oklahoma Bankruptcy Filings Up by Double-Digit Percentages

By: Price, Marie | THE JOURNAL RECORD, March 25, 2009 | Article details

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Oklahoma Bankruptcy Filings Up by Double-Digit Percentages


Price, Marie, THE JOURNAL RECORD


The sweep of the nation's financial crisis extends into the federal courts, which have seen a rise in bankruptcy filings, congressional budget officials have been told.

Even in Oklahoma, which has been less hard-hit than some states, bankruptcy filings are up by double-digit percentages.

According to data from the federal courts, the U.S. Bankruptcy Court for the Western District of Oklahoma, where most cases are filed, experienced 5,740 filings during the 12-month period ending last September, an increase of 18.6 percent over the prior year. An increase of 14.7 percent was reported for the Eastern and Northern Districts.

Sixth U.S. Circuit Court of Appeals …

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