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Bankruptcy Courts Busy With Flood Of Non-Business Filings

The bankruptcy balloon continued to inflate during the 2003 fiscal year with non-business bankruptcies making up 97.8 percent of the 1,661,996 filings nationwide. Non-business bankruptcies rose 7.8 percent during the federal judiciary's fiscal year, which began on October 1, 2002, and extended until September 30, 2003, to 1,661,996 from 1,547,669 in 2002. Despite this seemingly ...

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