Business | NDTV Correspondent | Friday November 25, 2011
Notwithstanding the slow economic recovery, the number of bankruptcy petitions in the US last year soared to 1.4 million, which is a jump of 35 per cent compared to 2008.
Moreover, the count of such petitions last year is also the highest since 2005, according to data from the US Federal Courts.
The staggering figure of 1.4 million ind...
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