Record number of personal bankruptcies

Nearly 1,300 people filed for personal bankruptcy in January. According to an analysis conducted by the Czech Credit Bureau for the Czech Press Agency, the figure marks a 43% increase compared to January of 2011 and is the largest number of cases since it became possible to declare personal bankruptcy in January of 2008. The highest number of bankruptcies was filed in the region of Ústí nad Labem, which accounted for 13% of cases.