Topic: American Bankruptcy Institute
All Content
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Bankruptcies down in first half of 2011
Bankruptcies for consumers dropped by 8 percent in the first half of the year from the same period last year. Consumer bankruptcies were 5 percent lower in June 2011 than June 2010.
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Why banks still teeter, after $232 billion in aid
Losses on mortgage debt, followed by recession woes such as corporate bankruptcies and rising defaults on credit cards, delivered a one-two punch.
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