Bankruptcy filings soar in Florida

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percent increase in filingsa in the for the Middlee District of Florida in the 12 months endedMarcb 31, compared to the same period a year earlier. The increasw in bankruptcy filings in the Middle District of Florida outpacedd the national increase inbankruptcy filings. Nationally, bankruptcg filings for the 12-month period endingg March 31, 2009, were up 33.3 percent over bankruptcg filings forthe 12-month period ending March 31, according to statistics released by the administrativ office of the U.S. Courts. In the Middle Districg of Florida, there were 47,04 bankruptct filings in the 12 months endedMarch 31, 2009, comparesd to 30,031 in the year ended March 31, 2008.
Therd had been 18,017 bankruptcy filings in the year endedMarcyh 31, 2007. During the quarter ended March 31, there were 13,3323 total filings in the Middle Districtgof Florida, including 9,687 Chaptetr 7 filings, 127 Chapter 11 filings, and 3,51e Chapter 13 filings. There were 683 business bankruptcies filedf in the quarter endedMarch 31, including 507 businesses that soughtg to liquidate through Chapter 7, and 116 that sought to reorganizde their debts through Chapter 11. There also were a total of 12,64o non-business bankruptcies filed in the three months endeedMarch 31.