11 January 2010 ~ 0 Comments

Bankruptcies Highest in States Hit by Housing Bust

As a follow up to our last post about the Sun Belt recession this article from the Wall Street Journal shows a direct correlation between the housing bust and personal bankruptcies. The two are a natural fit considering how dramatically the fall in housing prices hurt family finances. Here’s an excerpt:

“There’s a close relationship between [...]

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25 November 2009 ~ 0 Comments

50% Increase in Bankruptcy Filings in Tampa

There is no question the current economic climate is causing greater and greater strain on Americans everywhere. In Tampa Florida it has resulted in a 50% increase in bankruptcy filings from last year. That’s a huge 12-month increase. To put it in perspective, last year’s 12-month running tally stood at nearly 39,000 people. This year’s [...]

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