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Bankruptcy Filings Drop in N.O. Area

METAIRIE, La. (AP) — Bankruptcy filings in the New Orleans region are on the decline. New figures from the U.S. Bankruptcy Court for the Eastern District of Louisiana show they dropped 9.5 percent in April compared with the same month a year ago. New Orleans CityBusiness reports there were 305 filings last month compared with 337 in April 2011.

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