Why the South Drives High US Personal Bankruptcy Rates Currently, Alabama leads the nation in US personal bankruptcy rates. In fact, the state recently reported an alarming 527.3 filings per 100,000 residents. Furthermore, the broader Southern region faces severe, undeniable financial distress. Similarly, Georgia and Tennessee also report rates exceeding 450 filings per capita. Systemic … Continue reading Why the South Drives High US Personal Bankruptcy Rates