Consumer Bankruptcies Jump to 4-Month High

More U.S. consumers resorted to bankruptcy last month, with new non-commercial filings climbing to the highest level in four months.

During August, there were 68,495 new bankruptcies that were filed in U.S. Bankruptcy Courts by both consumers and businesses.

Filings swelled from upwardly revised 61,340 filings the previous month and the upwardly revised 67,777 filings made a year previous.

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From:: Financing