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how slow the recovery is. u.s. bankruptcies now reaching the highest level in five years. the number of folks filing between april and june is up almost 10% from the same period just last year. with us now to talk about it is tracy burns. all right, how worried should we be about those bankruptcy numbers? it s bad. for the year ending june 30th, about 1.57 million filings, ore . th gits these days. health care costs are out of control, and, of course, there s the foreclosure market. everyone is no one can pay their mortgage these days, so lots of people are just walking for bankruptcy, it s on your credit report for ten years. the flip side to that, though, is i think it s lost the stigma that it used to have. when i was a kid, if you filed for bankruptcy, god, we were all making cat roles and

Bankruptcy numbersTracy burns11 57 millionJune 30thHealth care costsForeclosure marketTh gitsFlip sideCredit reportMaking cat