Tuesday, January 24, 2012 - WRCBtv.com | Chattanooga News, Weather & Sports

Tuesday, January 24, 2012

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LIVELINES: BANKRUPTCY CALLS

Bankruptcy filings dropped a steep 12 percent in 2011. Some experts attribute it to more cautious consumer spending and a decline in credit card debt. So is that the case in our area?

Bankruptcy Attorney Carol Carter was our guest this morning. She said there has been a slight decrease in this area. We also took a closer look at the numbers for 2011.

Cumulative 2011 filings = 46,243

State rank based on per capita filings = 3rd

Chapter 13= 53%

Chapter 7= 47%

CAROL CARTER

423.702.5391

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