US Consumers File 4,476 Bankruptcies Per Day in August
Bob Lawless writes on the Credit Slips blog that that "U.S. bankruptcy filing rate climbed again in August, reaching a new post-2005 high of 4,476 filings per day." At this year's average rate of 4,160 bankruptcy filings per day per day, he forecasts a total of 1,049,000 filings for 2008.
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