The Warren Group reports an increase in bankruptcy filings in 2010 compared to 2009 in Massachusetts and Connecticut, which ultimately reflect the region's unstable economic welfare and dissolves hopes for a fast path towards recovery.

Chapter 7, or personal bankruptcy, filings in Connecticut rose over 14% to 9,887 in 2010, up from 8,641 in 2009. In Massachusetts filings jumped almost 9% compared to 2009 reaching a total of 17,496 up from 16,118 in 2009, a 45% hike from 12,034 in 2008.

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