Fewer Ohioans file for bankruptcy

Associated Press

AKRON

Fewer Ohioans filed for bankruptcy in the past year, but economists say that doesn’t necessarily mean they are better off.

Personal-bankruptcy filings dropped 10 percent statewide between June 2010 and June 2011, according to the latest figures from U.S. Bankruptcy Court.

U.S. bankruptcy trustee Keith Rucinski tells the Akron Beacon Journal that it isn’t necessarily a good sign.

He says it means people don’t have the funds to pursue a bankruptcy or they don’t have the assets to protect.