WVa Bankruptcies Up, South Fares Better Than North

By: Associated Press
By: Associated Press

Charleston, W.Va. (AP) -- Bankruptcies are up across West Virginia but the northern half has seen a bigger percentage increase than the southern half.

Figures from the U.S. Southern District Bankrupcty Court show there were 2,112 bankruptcies filed in the southern division from Jan. 1 to July 31, compared to 1,798 during the same period in 2008.

That's an increase of about 17.5 percent.

In the northern division, bankruptcies increased from 1,052 cases last year to 1,511, a 44 percent increase.

U.S. Southern District Bankruptcy Court Clerk Jo Proops says the housing market and economy have had a bigger impact in northern West Virginia than in southern counties.

(Copyright 2009 by the Associated Press. All rights reserved.)

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