Going for Broke: US Bankruptcy Filings [Infographic]
Lawyers.com reported earlier today that singer Dionne Warwick recently filed for bankruptcy, due to a $10.2 million tax debt with the state of California and the IRS. But as to the overall country, bankruptcies are down, comparing 2012 with the prior three years. The Start Fresh Today infographic below also shows important upcoming dates for federal bankruptcy exemptions, new regulations on student loans and revisions to bankruptcy forms.
Warwick filed for bankruptcy in New Jersey. Can you guess the states where people filed the most bankruptcies in 2012? Check to see if your home state was one of the top three listed for Chapters 7, 11 and other filings.
For more information on bankruptcy, check out the addition resources provided by Lawyers.com.