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Personal filings up 34% in January

February 04, 2009|Times Wire Reports

Personal bankruptcy filings in the U.S. rose 34% in January compared with a year earlier as the deepening economic crisis drove many people to seek protection from creditors.

Individual bankruptcy filings climbed to 88,773, up more than a third from a year earlier and 4.5% higher than the 84,926 filings in December, the National Bankruptcy Research Center said.

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