The number of businesses filing for bankruptcy in Miami-Dade, Broward and Palm Beach counties continued to eclipse last year’s numbers by a large margin in May – 60 percent higher, year-over-year – but dipped slightly compared to April, according to preliminary statistics from the U.S. Bankruptcy Court.
In the three-county area, personal bankruptcy filings were up 35 percent to 2,860 from 2,112 in May 2009, but down 2 percent compared to April.
The number of business bankruptcies for the three counties was up 60 percent in May, to 131 cases from 82 a year earlier.
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