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Bankruptcy Filings Down for Fiscal Year 2007, Up for Quarter

US Courts: “Bankruptcy cases filed in federal courts totaled 801,269 for the 12-month period ending September 30, 2007, down 28 percent when compared to the 1,112,542 filings in Fiscal Year 2006. However, according to the Administrative Office of the U.S. Courts, the September 2007 filings are the highest of any previous 12-month period since September 2006.”

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