Bankruptcy rates may increase as economy improves, some say
Fewer people filed for bankruptcy in West Virginia in 2013 than the year before, according to a recent report by the American Bankruptcy Institute. Nationwide, bankruptcy filings were also in decline, dropping by a total of about 13 percent across the country. However, while it may seem counterintuitive, some experts predict that the downward trend in bankruptcy rates could actually reverse itself in 2014 as the nation continues its recovery from the Great Recession.
In West Virginia and throughout the U.S., bankruptcy rates spiked in the immediate aftermath of the 2008 ...





