More Debtors Choose Personal Bankruptcy -- Courant.com: "Nationwide, personal bankruptcies rose 33 percent in 2008, to more than 1 million, according to the American Bankruptcy Institute. In Connecticut, they rose 51 percent, to 7,239, The Warren Group, a Boston research firm, reported in February."
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I think this will go higher. As the article explains, sometimes there are ways to keep the house.
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