The following article discusses the fact that bankruptcies are at their lowest level in four years.http://articles.boston.com/2012-08-18/business/33249143_1_bankruptcy-filings-robert-m-lawless-household-debt
Over the past two years, bankruptcies are down 20 percent nationwide. This is due partly because credit card debt is decreasing and savings are increasing.
For more information on bankruptcy filings, contact a Houston bankruptcy attorney at the Rashid Law Firm at 832-209-8833. Our office is located on 10222 Gulf Freeway, Suite B-100, Houston, TX 77034. Just a friendly reminder it is a free consultation.