Across the country, one symptom of the recession is the high rate of bankruptcy filings.
A recent report indicates that the national bankruptcy rate rose 33 percent in the third quarter of 2009, as compared to the same time period last year.
This spike in rates represents the highest rate of bankruptcy filings since 2005.
A CNN Money [...]

Personal bankruptcy filings in October reached the highest levels since the BAPCPA law change four years ago, according to Bloomberg.
Approximately 131,200 Americans filed bankruptcy last month, up 25% from October, 2008, and the highest since the new bankruptcy law took effect in October, 2005.
High unemployment, plummeting home values and tight credit are all contributing to [...]

Recent numbers reported by the American Bankruptcy Institute show that personal bankruptcy filings for September 2009 increased 41% from September of last year and four percent from August 2009.
Flings totaled 124,790 last month, bringing the total for 2009 up to 1,046,449. These numbers are significant – September was apparently the fourth-highest month since BAPCPA took [...]

While the state you live in may not directly determine whether or not you will file bankruptcy, it may increase the odds of you knowing someone who will. Whether due to unemployment levels, the bankruptcy means test, or just plain luck, some states have higher rates of personal bankruptcy.
Based on data supplied by Bankruptcy-Statistics.com on [...]

Fewer homeowners received foreclosure notices in August than July, but the number is still much more than last year, according to new figures from RealtyTrac.
August foreclosures saw a slight dip of less than 1%, but were still up 18% from August, 2008, signaling that homeowners are still struggling to stay current on their mortgages even [...]

As the job market continues to struggle, more and more Americans file bankruptcy to seek debt relief. A new press release from the American Bankruptcy Institute shows that personal bankruptcy filings rose 24% in August from the previous year.
A total of 119,874 consumer bankruptcy filings were filed last month.
That figure is down from 126,434 in [...]

Bankruptcy filings in the U.S. took a dramatic upswing in the April-June quarter, a new study shows.
Even as experts say the worst of the recession is past, more and more Americans looked to bankruptcy: filing of all chapters (personal and business) were up 15% from the first three months of the year, and up 38% [...]