Local News

Wake County Bankruptcies On Rise

Posted April 12, 2004 8:29 a.m. EDT

— The struggling economy is taking a toll in Wake County.

That is apparent from the latest bankruptcy numbers.

Filings skyrocketed in March -- up nearly 44 percent from the same time last year.

The increase hits at a time when filings were slowing or dropping.

The bulk of the filings were personal bankruptcies.