U.S. Personal Bankruptcies Climbed 34% in January

By Velida Alemic

Feb. 3 (Bloomberg) -- Personal bankruptcy filings in the U.S. rose 34 percent in January as the deepening economic crisis drove many to seek court protection from creditors.

Individual bankruptcy filings climbed to 88,773, up more than a third from a year earlier and 4.5 percent higher than the 84,926 filings in December, according to a report by the National Bankruptcy Research Center.

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