Apr 13, 2009

New Highs in Hitting Bottom

Bankruptcies are way up, even though Congress passed legislation several years ago to make it more difficult for individuals to get out from under crushing dept. The story ranks Delaware #1, with the most, and Alabama at 19th, up 47% in the past year. Only one state had a drop in filings: Louisiana (maybe that's where some of the increased cost of gasoline went in the past 12 months?)

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