ABI to Publish Monthly Bankruptcy Filing Data

ABI to Publish Monthly Bankruptcy Filing Data

Contact: John Hartgen
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ABI TO PUBLISH MONTHLY BANKRUPTCY FILING DATA

May 11, 2007 Alexandria, Va. —To satisfy the high demand for more current bankruptcy filing data among analysts, researchers and members of the news media, the American Bankruptcy Institute announced today that monthly filing statistics will now be accessible on the ABI World Web site. The data will be made available through a cooperative agreement of the National Bankruptcy Research Center (NBKRC) and Lundquist Consulting, Inc. of Burlingame, Calif.

ABI members and the public will have access to aggregate bankruptcy trends such as bankruptcy filings by month, growth rates by month and filings by chapter distribution each month. “We are excited about the opportunity to present reliable bankruptcy filing data on a more timely basis to the bankruptcy community,” said ABI Executive Director Samuel J. Gerdano.

NBKRC is the premier source for up-to-date bankruptcy statistics and data. It provides its subscribers with the most accurate, comprehensive and timely bankruptcy statistics in the financial industry. It is offered by the research firm Lundquist Consulting, Inc., the industry leader in bankruptcy statistics and analytics. 'We look forward to providing industry-leading bankruptcy statistics to ABI members,” said Chris Lundquist, founder of Lundquist Consulting, Inc. “The opportunity to offer analytics and in-depth research to a broader audience will enable innovative insight into the impact of bankruptcy.'

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 11,500 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.