Sunday, April 7, 2013

Arizona bankruptcies bump up in March


Arizona bankruptcies bumped up in March as they typically do for tax reasons, but the long-term picture continues to point to lower filings.

The 1,529 metro-Phoenix bankruptcies initiated in March were the most so far this year, yet that latest tally was still down 26 percent from March 2012. On a year-over-year basis, filings have dropped for 26 consecutive months, reported the U.S. Bankruptcy Court in Phoenix.

Read more: Arizona bankruptcies bump up in March

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