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2007 BANKRUPTCIES INCREASE 40% SO FAR OVER 2006


November 20, 2007

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The 623,399 total U.S. bankruptcies filed during the first three quarters of 2007 (Jan. 1 – Sept. 30) represented a 40.16 percent increase over the 444,789 cases filed over the same period in 2006, according to data released yesterday by the Administrative Office of the U.S. Courts.

2007 Bankruptcies Increase 40% So Far Over 2006