Bubble Watch: Southern California bankruptcies rise for 1st time since 2010

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.
Buzz: Bankruptcies last year rose locally and nationally for the first time since 2010.
Source: American Bankruptcy Institute
The Trend
Last year, 36,931 individuals and companies filed for protection from creditors in U.S. Bankruptcy Court’s Central California district, an increase of 2.7% compared with filings in 2018. U.S. bankruptcies also increased, but by only 0.3%. Statewide,