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Bankruptcy filings up yet again, but why? (access required)

The number of bankruptcy filings in Virginia rose by 19 percent in 1997, continuing a decade-long trend. The number of filings statewide has doubled since 1990. Both of Virginia's federal districts busted the charts last year: The bankruptcy court in the Eastern District for the first time handled more than 31,000 cases, while the Western District ...

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