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Economy. Foreclosures surge "Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments," Retailing Chains Caught in a Wave of Bankruptcies "The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American ...

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