Bankruptcies are Goin’ Down

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In 2012, 42,008 businesses filed for bankruptcy. In 2013, 34,892 businesses filed for bankruptcy. In 2012, over 1.2 million individual bankruptcies were filed. In 2013, just over 1 million bankruptcies were filed. Overall, there seems to be a 12% decrease in bankruptcies. Could this be a sign of better times to come?

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