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Business / In Brief • May 3, 2012

Bankruptcies fall for 14th month

May 3, 2012
The Maui News

HONOLULU - Fewer people are filing for bankruptcies in Hawaii.

The number of bankruptcy cases filed in the state fell for the 14th straight month in April, in line with national trends.

There were 254 cases filed statewide in April, down 26 percent from 342 the same month a year earlier.

Filings in Hawaii peaked at nearly 4,000 cases in 2010. Last year they declined 16 percent to drop for the first time in five years.

By county, Honolulu had 157 cases, down 27 percent compared with April of last year; Maui had 38 cases, down 44.9 percent; Hawaii had 45 cases, down 4.3 percent; and Kauai had 14 cases, down 39.1 percent.

 
 

 

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