It's not just the country's automakers who are dealing with bankruptcy. The Administrative Office of the U.S. Courts says bankruptcy filings for the year ending in March 2009 are up 33.3 percent from 2008. While the majority of the filings are for non-business debts, filings involving business are up 59.7 percent from the same period last year.
There were 330,477 bankruptcy filings in the first quarter of this year, the highest since 2005. Read the full report here.
categories: News
Comments
Please note that all comments must adhere to the NPR.org discussion rules and terms of use. See also the Community FAQ.
You must be logged in to leave a comment. Login | Register
More information needed to participate in the NPR online community.. Add this information