Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

One Million Going Bankrupt

Record spike in bankruptcy filings, more ahead

By Peter Fearon,  Newser Staff

Posted Mar 4, 2008 4:28 AM CST

(Newser) – More than a million Americans are headed for bankruptcy in 2008, mostly due to crippling household debt, according to the American Bankruptcy Institute. There were 76,120 bankruptcy filings last month—a 37% increase over February last year, and the biggest monthly spike since the...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Bin Laden’s Real Goal: Bankrupt US

Grocer A&P Files for Chapter 11

Wrangle Over $700B Bailout Heats Up

Main Street Skeptics Slam Bailout Scheme

A Believer in Hands-Off Now a Defender of Hands-On


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment