Debt Contraction Means Fewer Bankruptcy Filings, Chargeoffs - BankIn...

08/19/11

Debt Contraction Means Fewer Bankruptcy Filings, Chargeoffs
BankInvestmentConsultant.com
Now, consumer credit has just begun to post year-over-year growth again, and the slack may be buying struggling households extra time, helping to sustain the decline in bankruptcy filings, at least for a while. "People can finance current consumption ...
Debt Contraction Means Fewer Bankruptcy Filings, ChargeoffsAmerican Banker (subscription)

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