Hard times
Bankruptcy filings jump, but remain far below levels before major law changes
B ANKRUPTCY FILINGS in Oklahoma jumped 31.2 percent in 2007, but remained well below the number filed in the years preceding Congress' sweeping changes in 2005 that made it harder for consumers to completely discharge their debts.
The weakening economy and heavy debt loads of many consumers likely will push more Oklahomans into bankruptcy, several local observers said.
Margo Mitchell , head of a consumer cred...
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