R.I. sees 185 bankruptcy filings in May

BANKRUPTCY FILINGS in Rhode Island have steadily declined since peaking in 2010. / PBN FILE PHOTO
BANKRUPTCY FILINGS in Rhode Island have steadily declined since peaking in 2010. / PBN FILE PHOTO
PROVIDENCE – There were 185 bankruptcy filings in Rhode Island in May, a 19.9% decline from one year prior, according to data from U.S. Bankruptcy Court. There were 180 consumer bankruptcy filings in May and five business bankruptcies, compared with 223 consumer filings and eight business filings in May 2018. A majority of filings were…

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