Bankrupt numbers dropping.FEWER people are declaring themselves bankrupt BANKRUPT. A person who has done, or suffered some act to be done, which is by law declared an act of bankruptcy; in such case he may be declared a bankrupt. 2. It is proper to notice that there is much difference between a bankrupt and an insolvent. in Huddersfield, figures revealed today. A survey by accountancy firm KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen showed that the number of cases in the town fell by 24% during the third quarter of the year compared with the same three months in 2007. Huddersfield was one of only a handful of towns and cities in Yorkshire to buck the trend Buck the Trend When a security goes against the prevailing trend of the overall market. Notes: A stock that goes up during a bear market is said to be "bucking the trend." See also: Bear Market, Contrarian by reporting a fall in the number of people opting for bankruptcy. Others included Scarborough with a 23% decline, Bradford (8%) and Barnsley (8%). However the general trend across the region was upwards - with a 14% increase in people petitioning for their own bankruptcy to 1,407. York led the table with a 49% increase compared with the third quarter of 2007. Others reporting a big increase were Harrog-ate (43%), Wakefield (42%), Leeds (26%), Don-caster (25%), Hull (24%), Dewsbury (24%) and Sheffield (9%). |
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