Bankrupticies on the Rise
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Filings among individuals and businesses have tripled in past decade due to economic weakness, loan hangovers from the 1980s and an increased social acceptance of bankruptcy.
Top Increases in Bankruptcy Filings By Percent, 1984-91 Ariz.: 313% Puerto Rico: 498% Fla.: 497% Ga.: 293% S.C.: 268% Md.: 289% Conn.: 327% R.I.: 382% Mass.: 543% Vt.: 348% N.H.: 680% Me.: 285% Source: Administrative Office of the United States Courts
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