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TEST YOUR BANKRUPTCY I.Q.
Pick the answer you think is most correct.
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More than _________ bankruptcy
filings have occurred in the United States each year since 1996.
100,000
or 500,000 or 1,000,000
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Over the last ten years, there have been over _________ bankruptcy filings in the
United States.
10,000,000 or 13,000,000 or 17,000,000
Click for answer
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The millions who filed for bankruptcy over the last ten years, represents 1 out of every _____ persons in the United States.
100
or 45 or 23
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In the last ten years, about __________ people have been directly affected by a bankruptcy filing in their household.
10,000,000 or 20,000,000 or 30,000,000
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It is a fact that Chapter 11 reorganization bankruptcy cases, although they represent less than ____ of all the bankruptcy cases, the amount of money involved is more than all the other bankruptcy cases combined.
3% or 7% or 12%
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It is a fact that 7 out
of the 10 largest bankruptcy cases in the United States were filed
in the two year period ________ .
1990-1991 or 2001-2002 or 2003-2004
Click for answer
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It is a fact that the total dollar amount of these 7 was
over _________ .
100 billion dollars
or 250 billion dollars or 350 billion dollars
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These 7 cases alone represent about ______ per household in the United States.
$1,000 or $2,500 or $5,000
Click for answer
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