Bankruptcy filings jump 36.5%

1.4 million consumers expected to file this year

Inman News

Consumer bankruptcy filings rose 36.5 percent in the first half of 2009 compared to the same period a year ago, to 675,351 the American Bankruptcy Institute said.

Filings fell 6.8 percent from May to June, to 116,365, ABI said, citing data from the National Bankruptcy Research Center.

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