Re: Bankruptcy Stats

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There will be more credit issued in short term and long term,
since the cost of doing so will go down due to the reduced
costs of bankruptcy discharges. The biggest boom in
bankruptcy will occur roughly eight years after Oct. 17,
2005. Do you know why?

On 4/07/06, Bob R/CA wrote:
> On 4/07/06, Guru wrote:
>> I guess I wasn't the only one feeling the pinch.
>>
>> http://www.cardweb.com/cardtrak/news/2006/april/7a.html
>>
>>
>> Solos and soon-to-be solos should take notice and plan
>> accordingly
>
> What are the societal implications of this change?