Bankruptcy Filings up 38% in 2007.

This info is a little redundant compared to some of my other posts.

But, it’s great to have another commentary on the rise in consumer bankruptcy filings.

Especially from creditcards.com!

I wonder which side they are on?

Credit card companies generally issue you credit on an unsecured basis, so many times their debt can be discharged when a consumer files for a Chapter 7 discharge.

Regardless, take a look.

Good bankruptcy discussion here:

http://blogs.creditcards.com/2008/04/bankruptcies-up-38-percent-in-2007.php

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