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Curve Equity Exposed Fund (AXcess News) New York - According to the latest statistics, personal bankruptcy rates reached an all-time high last year as debtors rushed through the bankruptcy courts before a new lawtook affect making it more difficult to file.

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Equity Income Funds Bankruptcies bolted over 30 percent last year as 2.1 million people filed for debt relief with the courts, according to the Administrative Office of the U.S. Courts.

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Capital Casebook Equity Information posted on the Office's website Friday showed that personal bankruptcies filed in the federal courts totaled 2,078,415 in 2005, up from 1,597,462 petitions filed in 2004.

Private Investment In Public It was the largest number of bankruptcy petitions ever filed in any 12-month period in the history of the federal courts.

Viridian, the holding company for Northern Ireland's electricity, is in talks over a .62billion bid by Bahraini private equity firm Arcapita Bank.

Equity Mutual Funds Bankruptcy filings for the period between Oct. 1 and Dec. 31, 2005, also hit a record high for any quarter, the office said.

Birmingham Contact Equity The increase was largely in response to the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, which went into effect on Oct. 17, 2005.

Private Equity Investment Firm Under the new law, it became harder for individuals to file for bankruptcy under Chapter 7, which would let them clear their debts and get what's known as a "fresh start."

Complying Deal Equity Funds The law made it more likely that debtors file under Chapter 13, which requires them to repay at least some of their debts within five years.

Equity Msn Private Wyoming In a Chapter 7 bankruptcy, your assets, minus those exempted by your state, are liquidated and given to creditors, and many of your remaining debts are cancelled. Since many Chapter 7 filers don't have assets that qualify for liquidation, credit-card companies and other creditors can get nothing.

American Equity Investment In a Chapter 13 bankruptcy, you're put on a repayment plan of up to five years. Any debts not addressed by the repayment plan don't have to be paid.

Equity Index Funds Of the total number of bankruptcy filings, there were 1.7 million Chapter 7 filings, up 46 percent from 1.1 million in 2004. Chapter 13 filings fell 8 percent.

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