R.I. bankruptcies fall 29% in May

BANKRUPTCY FILINGS in Rhode Island totaled 81 in May after totaling 115 in April. / PBN GRAPHIC/CHRIS BERGENHEIM
PROVIDENCE – Bankruptcy filings in Rhode Island totaled 81 in May, down 29% from the previous month's 115, according to data from U.S. Bankruptcy Court. Of all filings in May, 80 were consumer filings and one was a business filing. There were 70 Chapter 7 filings and 11 Chapter 13 filings in the month. There…

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