August 21st, 2010

Bankruptcy filings at 5-year high

Bankruptcy News, by vortex debt group.

Bankruptcy filings nationwide reached their highest level in five years between April and June, up 11 percent from the same period in 2009, government data showed Wednesday.There were 422,061 bankruptcy filings in that period of this year, compared with 381,073 in that period of 2009 and 388,148 between January and March of this year.The quarterly filings exceeded 400,000 for the first time …

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