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Kentucky
: LawReaderBankruptcies are booming
By Stan
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Bankruptcies are booming
Nearly 1.2 million debtors filed for bankruptcy in the past 12 months, according to federal court records.
Last month, 130,831 sought bankruptcy protection - an increase of 46 percent over March 2008 and 81 percent over the same month in 2007.
Bankruptcy filings could reach 1.5 million this year and level off at 1.6 million [...]Full post as published by LawReader on April 13, 2009 (boomark / email).
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