Summary
Bankruptcy filings fell sharply across New Jersey and the United States in fiscal 2006, reflecting a change in the law that made the process more difficult for individuals.
Figures released Tuesday by the U.S. Bankruptcy Courts show that filings fell by 39.3 percent in New Jersey and 37.6 percent nationally in the year ended Sept. 30.See the full content of this document
Extract
Bankruptcy Filings Drop After Change
A controversial new law that took effect on Oct. 17, 2005, requires individuals to get credit counseling, meet incom...
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