The number of Nevada residents filing bankruptcy, the last resort for many burdened by financial woes, is tapering somewhat from early 2010 highs. Nevada had 2,247 filings in August 2011 compared to 2,596 in August 2010--down 13.4% YOY.
Filings for bankruptcy in Nevada peaked in FY 2010 with 30,352 total filings and dropped 7.8% to 27,051 in FY 11. FY 12 is on track to be lower than FY 11.
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