The number of bankruptcies filed during the year ended Sept. 30 rose 5.1%, to 1,436,964, according to data released Monday by the Administrative Office of the U.S. Courts.

The increase was driven by personal bankruptcies, which accounted for 96.7% of the filings. There were 1,389,839 of these filings, up 5.8% from the previous year. By contrast, business bankruptcies decreased 15.1%, to 47,125.

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