Unit+3+Extra+Credit+for+Academic+Personal+Financial+Management

Check the classified section of your newspaper for bankruptcy notices every day for one week. Type answers to the following questions:

o How many total bankruptcies were filed in the seven-day period? o What is the lowest amount of debt claimed? What is the highest amount? o What was the lowest amount of property claimed as exempt? What was the highest amount of property claimed as exempt? o Do you believe that advantages of bankruptcy outweigh the disadvantages? Explain.