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04-03-2010, 11:26 PM #1
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158,000 Personal Bankruptcies In March, 75% Chapter 7
Saturday, April 03, 2010
158,000 Personal Bankruptcies In March, 75% of them Chapter 7
Those looking for economic bright spots will not find it in foreclosures or bankruptcies. Please consider Sharp Increase in March in Personal Bankruptcies from the New York Times. http://www.nytimes.com/2010/04/02/busin ... uptcy.html
Federal courts reported over 158,000 bankruptcy filings in March, or 6,900 a day, a rise of 35 percent from February, according to a report to be released on Friday by Automated Access to Court Electronic Records, a data collection company known as Aacer. Filings were up 19 percent over March 2009. The previous record over the last five years was 133,000 in October.
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