The report showed increased activity in three of the four categories, with a marked jump in Chapter 11 cases.
The number of bankruptcy cases filed in Puerto Rico showed a steep decline last month. #NewsismyBusiness
The island's bankruptcy filings dropped in February, when 14.5 percent fewer cases were submitted to the court, versus the same month in 2016, according to preliminary numbers released Thursday by research company Boletín de Puerto Rico.
The number of bankruptcy cases filed on the island during the first 11 months of 2014 represented at 1 percent year-over-year drop, according to data released Monday by local research firm Boletín de Puerto Rico.
Puerto Rico’s bankruptcy filings were down 8 percent during the 12-month period that ended in December 2012, when a total of 10,362 petitions were filed at the U.S. Bankruptcy Court, according to preliminary statistics offered Wednesday by local research firm Boletín de Puerto Rico.
As the year comes to a close, Puerto Rico’s bankruptcy filings appear to be keeping the downward trend that has prevailed throughout most of 2012. Filings through November were down 8 percent year-over-year, with 9,532 cases on record at the U.S. Bankruptcy Court.
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