Rise in Bankruptcy Filings Due to Unemployment and Housing Market

Posted by Leigh Brown on Jan 11, 2010 in Real Estate News | 0 comments

There were a total of 1.41 million bankruptcy filings in 2009, a 32% increase in personal filings from the previous year. It marked the highest number of filings since the bankruptcy laws were changed in 2005, making it more difficult to file. The economy has pushed more and more Americans into economic distress with a...

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