Bankruptcies in the state may be edging down, if August's 5.2% drop from the July level begins a trend.

A total of 16,432 Californians filed for bankruptcy in August, according to CDB Infotek. That was 12.7% more than a year earlier.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.