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Arizona, Tucson-area bankruptcy filings rise for 2nd year in a row. Why hasn't Trump made Arizona great again?
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Why hasn't Trump made Arizona great again?
Bankruptcy filings rose nearly 5 percent in Southern Arizona and 3 percent statewide in 2018, increasing for the second year in a row, according to the latest figures from the U.S. Bankruptcy Court’s Arizona district.
Last year, 3,904 bankruptcy cases of all types were filed in the court’s Tucson division compared with 3,733 in 2017, a 4.6 percent increase.
Statewide, the overall number of filings rose 3 percent from 2017, to 15,742. The court’s Phoenix division reported a 2.1 percent increase and the Yuma division posted an 8 percent increase.
Though full-year nationwide filing statistics for 2018 were not yet available, the U.S. Bankruptcy Court said filings for the first half of the year were down 2.6 percent.
[link to tucson.com (secure)]
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