It's an epidemic. An astounding 91,214 Americans declared bankruptcy in May — up 31 percent from a year ago. More than 1 million Americans are expected to declare bankruptcy this year — up nearly 50 percent from last year, according to the American Bankruptcy Institute. That means at least one in every 100 families will be affected by a bankruptcy!

It's a sign of the times — a combination of the housing and mortgage crisis, consumer debt burdens and the strains that r ...

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