Oklahoma Bankruptcies Up - KSWO 7News | Breaking News, Weather and Sports

Oklahoma Bankruptcies Up

Oklahoma bankruptcies were up last year.

And it's mostly due to medical expenses and divorce.

Bankruptcy filings increased in all three of the state's federal court districts. The percentages are between 22 and 25 percent.

Other reasons are a decade-high number of foreclosure filings and a three year high in unemployment.  Although, one expert does not believe unemployment is a common reason.

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