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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: Bucky Katt who wrote (36232)10/23/2007 12:35:35 PM
From: joseffy  Read Replies (2) of 48461
 
You know a couple years ago the banks and their lobbyists got the bankruptcy laws changed to make it much more difficult to declare bankruptcy, or so they thought.

They didn't expect this, I bet.

"Last month, as the nation's housing slump continued, consumer bankruptcy filings increased almost 23% from a year earlier -- representing nearly 69,000 people -- according to the American Bankruptcy Institute, a nonprofit research group whose members include bankruptcy attorneys, judges and lenders. Overall, consumer bankruptcy filings were up 44.76% during the first nine months of this year."
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