The region had the nation’s biggest percentage jump in 2008, and the number this year through April is up 75% despite a 2005 rule overhaul aimed at curbing filings by those who would benefit unfairly. Going legally broke has made a big comeback — especially in the Los Angeles area — despite a mid-decade revision to the U.S. Bankruptcy Code intended to curb filings
See original here:
Personal bankruptcies surge in Southern California
Post a Comment