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Bankruptcy filings are steady in Michigan

Despite the recent upswingin the economy it appears that bankruptcy filings in Michigan are staying steady. According to the court website the amout of filings are neither up or down.I believe this is because the credit card industry is still being very aggressive in marketing debt. Time will tell if the Affordbale Health care act will reduce bankructy in Michigan. Currently about 80% of all bankruptcies filed are tied into someone becoming sick.
Categories: Bankruptcy