Project by Praveen P. Mishall
Welingkar Institute
Appendix B: Subprime Crisis US Bankruptcy Filings:
Quarterly Business Bankruptcy Filings 14,000
12,000
10,000
8,000 Series1 6,000
4,000
2,000
0 Series1
06Q1
06Q2
06Q3
06Q4
07Q1
07Q2
07Q3
07Q8
08Q1
08Q2
08Q3
08Q4
4,086
4,858
5,284
5,586
6,280
6,705
7,167
7,985
8,713
9,743
11,504
12,901
Due to surge in the house prices the mortgagor found it difficult to payoff their debt. This led to the increase in individual’s bankruptcy as well as to the business bankruptcy filings as shown in the figures.
CDS | Appendix B: Subprime Crisis
MMS 2008-10
87