These are the news on the bankruptcy rush happening around the nation
BostonHerald.com - Business News: Bankruptcy rush blamed on change in law
"The number of people filing for Chapter 7 bankruptcy in Massachusetts during the three-month period ending June 30 jumped dramatically to 5,256, up 25.3 percent from the same period last year, according to data released yesterday by the Administrative Office of the U.S. Courts."
The Arizona Republic - State residents rush to file Chapter 7 before tougher law
Filings for Chapter 7 bankruptcy protection, which allows consumers and businesses to liquidate most debts, climbed 39.2 percent in August compared with filings in August 2004, according to data from the U.S. Bankruptcy Court District of Arizona.
ToledoBlade.com (Ohio) - Bankruptcy filings 2nd-highest ever
The 1,314 filings in August, up 48 percent from the same month a year ago, bring the year-to-date total to 9,011, enough to rank as the third highest year ever, with four months to go.
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