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Bankruptcies Rise 32% in 2009, 1.5 Million Went To Court

Almost 1.5 million bankruptcies were recorded in 2009, a number up 32 percent from 2008 — and a number that was not supposed to happen. Huh? How come there were not supposed to be so many bankruptcies. Well, to put this as nicely as possible, the so-called Bankruptcy Abuse Prevention and Consumer Protection Act of [...]

16Mar2010 | | 0 comments | Continued