RENEE MONTAGNE, host: NPR's business news starts with a spike in bankruptcy filing.</s>RENEE MONTAGNE, host: Nearly a million people filed for bankruptcy in the year ending last June. The number is up nearly 30 percent compared to the same period last year. Some of the bankruptcies are for business, but the vast majority are individuals. Analysts say the weak housing market and widespread credit card debt are forcing more and more people to seek court protection from their creditors. And they expect the numbers to rise.
Nearly a million people filed for bankruptcy in the year ending in June, up nearly 30 percent from the same period last year. Some of the bankruptcies are businesses, but most are individuals. Analysts say the weak housing market and widespread credit card debt are forcing more people to seek court protection from their creditors.