Utah bankruptcy filings soar in 2009

Utah bankruptcy filings soar in 2009


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SALT LAKE CITY - Bankruptcy filings in Utah soared in 2009.

The number of filings hit 14,481 -- which is a 56 percent increase from 2008. That's serious enough to rank Utah fifth in the nation for bankruptcy filings.

A clerk at the U.S. Bankruptcy Court tells the Deseret News some year-to-year numbers from last summer showed increases of 75 percent.

Overall, 2009 was the seventh-worst year on record for the rate people were filing for bankruptcy.

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