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The U . s government can be a government for and using the people. Anyone decide to gasp, point fingers and blame brand new for this financial disaster, realize that Americans are rapidly doing personal debt for ages. Many filed bankruptcy - leaving their creditors high and dehydrated. Not paying your creditor was just unthinkable towards majority of citizens following the Great Hopelessness. However, this is changing. The figures below show a rising trend of filed personal bankruptcy. Notice that business filings went down last year while non-business filings went up.
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