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Word: gerdano (lookup in dictionary) (lookup stats)
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...Imperial counties alone, bankruptcy filings have increased 379%, spiking from 4,210 in 2006, the peak of the housing boom, to 20,193 in 2009. Nationally, more than 1.4 million business and consumer bankruptcy petitions were filed in 2009, up 32% from the 2008 figure, and Samuel J. Gerdano, executive director of the American Bankruptcy Institute, says the number of consumer filings (Chapter 7 and 13) in 2010 will likely surpass those in 2009. If the just-released March numbers are any indication, Gerdano is probably right...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

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