Bankruptcy filings surge 29%

Aug 28, 2008 09:29

Related
“Front running” Against Humanity in the Oil Markets

CNNMoney.com

Wednesday August 27, 5:43 pm ET

By Ben Rooney, CNNMoney.com staff writer

As things in the economy have gotten worse, the number of people and businesses heading to bankruptcy court has spiked.

Bankruptcy filings surged 29% in the 12 months that ended June 30, according to government figures released Wednesday.

Total filings rose to 967,831 from 751,056 a year earlier.

--MORE--

oil, economy, bankruptcies, market

Previous post Next post
Up