bankrupcy court-33Bankruptcy cases increased approximately 35% for the 12-month period ending June 30, 2009 , according to statistics released by the Administrative Office of the U.S. Courts. The number of cases went from 967,831 to 1,306,305. These statistics call attention to one of the often overlooked aspects of a retirement plan – protection from bankruptcy.

It’s a complicated topic which Joseph Hogue, CFA, makes understandable in his post, Guide to Personal Bankruptcy: Everything You Need to Know.