Hawaiçi monthly bankruptcy filings remained steady for the second month in a row, as individuals and businesses succumbed to the states’s ongoing economic downturn.

Figures from the U.S. Bankruptcy Court in Honolulu show there were 270 bankruptcy filings last month, one person less than June.
The increase marked the 14th consecutive month that bankruptcies have increased by more than 45 percent compared with the same month a year earlier.
The July figure represents a 72 percent rise from July 2008, which also experienced a double-digit percentage jump in bankruptcies compared with a year earlier. There were 157 cases filled in 2008.
Hawaiçi has had more than 200 bankruptcy filings a month, for the last nine months, yet Hawaiçi continues to have one of the lowest per-capita bankruptcy rates nationally; however its rate of increase in recent months ranks among the top in the nation. Figures from the AACER (Automated Access to Electronics Court Records) show Hawaiçi in May had 2.24 bankruptcies per 1,000 people in the state.