Bankruptcy

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One in Nine Contemplate Bankruptcy: Report 

Feb 12, 2009By

Twelve percent of Americans have either filed or considered filing for bankruptcy, according to a new survey released Thursday by FindLaw.com, a legal information Web site. The number of consumer bankruptcy filings has nearly doubled in the last three years, from 573,000 in 2006 to 1,064,927 in 2008, according to the National Bankruptcy Research Center.

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