bankruptcy rates

On the verge of the recession business bankruptcy rates and national unemployment levels were steady. But in late 2007, these numbers quickly began to inflate.

Businesses across the country filed bankruptcy and in the process, carried away millions of American jobs.

States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice.

States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found.