Interesting stats published by the Associated Press.
Bankruptcy filings hit a record high in 2005. More than 2 million (2, 043,535) new filings last year. This is up 31.6 percent from 2004. This means that one in every 53 households filed for bankruptcy.
If you are considering the need to file bankruptcy be certain to speak with an attorney to learn what your rights are. If you are a Connecticut resident and are considering bankruptcy please feel free to call our office.
