Tax refunds being used to pay for bankruptcy filings

usatoday.com — More than 200,000 money-strapped households will use their tax refunds this year to pay for bankruptcy filing and legal fees, says a new study by the National Bureau of Economic Research. The NBER research confirms what bankruptcy lawyers have long known: At the first part of the year, when Americans receive their tax refunds, there almost always is a spike in personal bankruptcy filings.
Shelly Banjo Retail Reporter, Wall Street Journal @sbanjo
Some Americans spend tax refunds on gadgets and long-awaited vacations. Others use the cash to file for bankruptcy t.co/bYAoYJyP
Carrie Mason-Draffen Columnist, Newsday @newsgirlie
RT @Yamiche: Tax refunds used to pay bankruptcy fees t.co/e3ziIx9A
Don Mecoy Business Editor, The Oklahoman @Mecoy
More than 200,000 U.S. households will use tax refunds to pay for bankruptcy filings – t.co/fWyixq6F via @USATODAY
Ylan Mui Retail Reporter, Washington Post @ylanmui
This is just shocking. RT @sandyblock: More than 200K households will use their tax refunds to file for bankruptcy. t.co/0me7SfKk
Sandra Block Senior Associate Editor, Kiplinger's Personal Finance @sandyblock
More than 200K households will use their tax refunds to file for bankruptcy. t.co/Imi3W8nj