Comments about ‘Utah bankruptcies up 62%’
6,817 filed in first 2 quarters of this year
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Utah home prices rise
Median home prices in Utah rose 2.7 percent to $178,150 in April due to tightened supplies.
U.S. economy added 69K jobs
U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up.
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This is large part due to the oppressive actions of the financial services industry. Also, I guess Utah is not exempt from the recession.
Utah has always had a problem with this. No big surprise that it's getting worse with the overpriced housing they're paying for that has pushed all their expenses onto their credit cards, plus the jump in job losses.
...and in states where wage garnishments are prohibited bankruptcies are lower
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