0 minute readUS consumer bankruptcy filings rose 14% to 770,117 in the first six months of 2010 from the same period a year earlier, the American Bankruptcy Institute reported. “Years of rising consumer debt and low savings rates” are pushing totals near the record set in 2005, when proposed changes in bankruptcy law triggered a surge in filings, ABI Executive Director Samuel Gerdano said in a statement.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
