NM's bankruptcy filings fell for 2nd straight year
Posted at: 01/27/2013 3:35 PM
| Updated at: 01/27/2013 8:37 PM
By: The Associated Press
ALBUQUERQUE, N.M. (AP) - Bankruptcy filings in New Mexico decreased in 2012 for the second straight year.
The Albuquerque Journal reports that the state saw a 15 percent drop in filings from 5,674 in 2011 to 4,811 in 2012.
The 2012 filings were on roughly the same level of filings as 20 years ago.
The state experienced a 14 percent drop in bankruptcy filings in 2011.
The record for filings in New Mexico came in 2005 when 12,424 petitions of all types were filed.
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