Re: Bankruptcy Stats

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On 4/09/06, Guru wrote:
> 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?

Very interesting observation; I hadn't thought of that. I don't
know much about bankruptcy, but I assume that that's when everyone
who filed in 2005 can file for yet another bankruptcy?

As a solo, it implies that it might be a good business decision to
gear up to do bankruptcy a year or two bfore 2013.