Nebraska Bankruptcy Filings Down In First Half of 2011

By: Associated Press Email
By: Associated Press Email

The national drop is about 8 percent. Bankruptcy trustee Joe Badami says his caseload has dropped by about 20 cases a month, but he can't explain the decline.

Samuel Gerdano is executive director of the American Bankruptcy Institute. He says the drop reflects the continued efforts of consumers to cut debt.

Creighton economist Ernie Goss suggests that strong
growth in farm income and farm-related industries has boosted the
Nebraska economy, resulting in fewer bankruptcies.

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