Bankruptcy filings rose 20% in the year to June 30th compared with the previous 12-month period, according to statistics released on August 17th by the Administrative Office of the US Courts.
via www.economist.com
via mint.com
It’s no secret that the last few years have been brutal for the banking industry. But nothing paints a better picture of the industry’s carnage than our latest infographic on bank closures over the past 10 years.
via billshrink.com
The housing market bust, recession, credit crunch and other factors in personal finance are driving the rate of bankruptcy back up, despite the changes in the law.
