LINCOLN, Neb. (AP) – Nebraska bankruptcy filings have dropped
nearly 13 percent in the first half of 2011, compared with the
first six months of last year.
The national drop is about 8 percent.
Bankruptcy trustee Joe Badami told the Lincoln
Journal Star that 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.