Nevada Appeal Staff Report

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May 5, 2011
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Bankruptcies drop, but Nevada still tops

Bankruptcy filings nationwide dropped 7 percent in April, continuing a downward trend that began at the start of the year - though Nevada still had the highest rate despite a 15 percent decline since 2010, according to an analysis by Columbia Law School Professor Ronald Mann.

The bankruptcy total for April was 135,000, down from 145,000 in March, and marked the fourth consecutive month that filings have decreased compared to 2010, said Mann, who compiled the figures for the National Bankruptcy Research Center.

"These are encouraging numbers given that, from 2007 to 2010, every month's filings were higher than the …

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The Nevada Appeal Updated May 5, 2011 03:48AM Published May 5, 2011 03:48AM Copyright 2011 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.