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Bankruptcy filings rise 9.2 percent in May

Bankruptcy filings in the Buffalo/Rochester region increased 9.2 percent in May from a year ago, to 426 cases, according to the U.S. Bankruptcy Court.

The increase was driven by Buffalo, where cases increased nearly 16 percent, to 281. Cases filed in Rochester declined 1.4 percent, to 145.

The combined 426 cases filed was the most for any month since last October, when the same number was filed.

Through May, the number of cases filed rose 0.4 percent from the same period a year ago. On a full-year basis, bankruptcy filings in the Buffalo/Rochester region have declined for seven straight years.

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