posted
Apr 4, 2010 by News Gatherer
As consumer debt continues to grow, the Americans entered uncharted waters. The national tax benefits has led to personal bankruptcies doubled in the last ten years. According www.CardWeb.com, 43 percent of U.S. households now spend more than they earn each year. .
According to the Associated Press, bankruptcies have soared, and in 2009, 1.41 million U.S. bankruptcy. . It is a jump of 32 percent from 2008.
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