Wednesday, January 5, 2011

Utah bankruptcies jump in 2010

The number of Utahns filing for bankruptcy climbed 24 percent during the 12-month period ending in December 2010. According to U.S. Bankruptcy Court District of Utah, just under 18,000 filings were made during the calendar year, compared to 14,481 in 2009.

While the state's yearly bankruptcy figures were up significantly, some monthly numbers from this past year were especially striking, according to court clerk David Sime. He said every month saw year-over-year filing increases of at least 10 percent up to 36 percent from the same month the previous year. Deseret News

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