Nationwide bankruptcy filings reached their highest levels of the last five years between April and June, according to government data released last Wednesday. This represented an increase of 11 percent from the same time period in 2009.

422,061 bankruptcy filings were reported during that time period this year as opposed to 381,073 during the same time frame in 2009. Filings between January and March of this year numbered 388,148.

Quarterly filings have not exceeded 400,000 since a record 667,431 were filed in the fourth quarter of 2005.

Consumer bankruptcies jumped 21 percent, to 1.51 million, from the same time last year.

If you find yourself in this unfortunate position, contact the New Orleans Chapter 7 bankruptcy lawyers of The Law Offices of the Law Office of David D. Kervin, Jr., LLC at 504-599-5906 as soon as possible to discuss your financial options.