Bankruptcy Statistics

Tennessee Tops States Repaying Bankruptcy Debts

Trevor Higgins — Wed, 04 Nov 2009 17:09:50 GMT

Tennessee Tops States Repaying Bankruptcy Debts While bankruptcy certainly reflects a hardship on the part of an individual or business, it is important to remember that filing is a means of structuring a repayment of debts. Financial hardship, in other

Federal Reserve Chairman Delivers More Economic Good News (and More Caveats)

Chris Kramer — Wed, 21 Oct 2009 17:03:13 GMT

More Economic Good News From Federal Reserve Chairman (and More Caveats) Newly reappointed Federal Reserve Chairman Ben Bernanke told the Brookings Institution in Washington that the “recession is very likely over.” Hardly waiting for applause, Bernanke went on to outline

July 2009: More People Filing Bankruptcy, Unemployed

Chris Kramer — Wed, 21 Oct 2009 17:07:30 GMT

Fewer jobs, less income, more people filing bankruptcy Unfortunately, this seems to be the formula that’s prevailing throughout the country. As consumer bankruptcies rose to a level not seen since October of 2005, when the new bankruptcy law went into

Massachusetts Bankruptcy Statistics: Sharp Increase

Chris Kramer — Wed, 21 Oct 2009 17:09:44 GMT

Massachusetts Bankruptcy Statistics See Big Rise this QuarterAs in far too many areas of the country, Massachusetts is currently seeing the effects of the recession appear in bankruptcy figures. The number of new people filing bankruptcy in the state has risen

California Battered by Rising Bankruptcy Rates

legal-writer legal-writer — Mon, 26 Oct 2009 20:15:46 GMT

California Battered by Rising Bankruptcy RatesAccording to John Cox, reporting for the Bakersfield Californian, Kern County California is turning into the poster child for the recession era pains gripping communities across the United States. In Kern County, bankruptcy filings are

Bankruptcies Taking a Toll on Banks

Chris Kramer — Wed, 21 Oct 2009 16:49:17 GMT

Rising Numbers of U.S. Bankruptcies Taking a Toll on Banks While the economy seems to show signs of improvement, perils continue to lurk around every corner for banks, hit hard by a storm in part of their own making. The

Auto Makers May Face Bankruptcy

Chris Kramer — Wed, 21 Oct 2009 16:48:42 GMT

Auto Makers May Face Bankruptcy **ShareLinks** By: Gerri L. Elder The troubled economy and the global credit crunch are having a huge effect on U.S. car manufacturers. There have been mass layoffs in the industry, with more likely to come and whispers of mergers and bankruptcy. A recent article in th

Election Platform: County Attorney Pledges to Help Prosecute Wall Street Execs

Chris Kramer — Wed, 21 Oct 2009 16:58:18 GMT

Election Platform: County Attorney Pledges to Help Prosecute Wall Street Execs **ShareLinks** Arizona's Maricopa County Attorney Republican Andrew Thomas has pledged to help prosecute Wall Street executives for crimes they may have committed that led to the current global financial crisis. The count

Mass Layoffs Cause Unemployment Rate to Spike

Chris Kramer — Wed, 21 Oct 2009 17:08:55 GMT

Mass Layoffs Cause Unemployment Rate to Spike **ShareLinks** During September 2008, the nationwide unemployment rate was holding steady at 6.1 percent. However, economists predict that more mass layoffs could soon push the unemployment rate to 7 percent. As companies struggle to cut costs to decreased d

Data Breaches on the Rise in the U.S.

Chris Kramer — Wed, 21 Oct 2009 16:55:02 GMT

Data Breaches on the Rise in the U.S. **ShareLinks** During just the first nine months of 2008, 516 incidents of consumer data breaches were reported by corporations, governments and universities in the United States. According to a report released on October 6, 2008, most of these data breaches were the