Bankruptcy filings by Vermonters are on the rise — and the curve is steeper than in the rest of the country. Statistics provided by the U.S. Bankruptcy Court’s Vermont district show that the number of cases in the state doubled over the past three years — from 623 to 1254, a 101 percent increase — while the national increase during the same period measured 81 percent.
“There’s no typical case,” says Middlebury bankruptcy attorney Kathleen Walls. “Every story is different.”... Read more
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