Commercial bankruptcy filings in 2017 increased, while total filings from businesses and consumers declined overall last year, according to a news release from the American Bankruptcy Institute and data provided by Epiq Systems Inc. “Total commercial chapter 11 filings during calendar year 2017 (Jan. 1-Dec. 31) were 5,744, a 6 percent increase from the 5,447 filings in
Student loan borrowers are using vague wording in the definition of a student loan to wipe out the debt using bankruptcy. https://www.thestreet.com/story/13937552/1/student-loan-borrowers-increasingly-turning-to-bankruptcy-to-alleviate-burden.html
Nationwide, personal bankruptcy filings are up 30 percent over last year. Analysts say rising debt, falling home values and a jump in overall living expenses are pushing many family budgets to the brink. NBC’s Michele Franzen reports. http://www.nbcnews.com/video/nightly-news/26335616#26335616
