United States | Bankruptcy and the economy

A fresh start

New evidence that rules for debtors are too tough

|WASHINGTON, DC

LAST year nearly 1m Americans filed for bankruptcy. That is far fewer than the number who used to seek bankruptcy protection before the law was made tougher a decade ago (see chart). This reform may have done more harm than good.

This article appeared in the United States section of the print edition under the headline "A fresh start"

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