you can bet your bottom dollar these
facts will be interesting if you have
one left that is I declare bankruptcy
welcome to watchmojo.com ting down the
five most interesting facts that we
could find about bankruptcy I just
wanted you to know that you can’t just
say the word bankruptcy and expect
anything to happen I didn’t say it I
declared it number five the gender
balance is tipping statistically
speaking women are more likely to file
for bankruptcy than men for the first
time in modern history it’s a battle of
the sexes you’d rather not win but
according to recent statistics ladies
not dudes are more likely to go broke in
the 21st century reportedly because of
overspending and consumer debt according
to the Telegraph which reports 2015
findings by the insolvency service cover
in England and Wales women under the age
of 25 are almost twice as likely to go
bankrupt as men the divide exists in the
u.s. too though it’s less harsh debt org
calculates the 52 women filed for
bankruptcy for every 48 men on the other
hand a 2013 study at McMaster University
concluded that companies performed
better with women in the boardroom
making financial decisions citing a 2009
paper which found that firms cut the
risk of bankruptcy by 20% by having at
least one female director big big huge
number four it’s not stupid to go
bankrupt
we bucks just a small loan from the
briefcase and we find ourselves some
reasonable lodgings good plan you might
feel a little foolish if you ever go
bankrupt but there’s no direct link
between someone’s intellectual
capabilities and their financial
situation studies show that less
intelligent people are as likely to
succeed and be wealthy as clever people
and more intelligent folk are equally
threatened by failure and financial
difficulty in a 2007 study conducted by
Jay Zagorski for Ohio State University
the link between the IQ and wealth of
over 7400 Americans was analyzed while
results indicate that there is a
correlation between IQ and income ie the
better your IQ the more you take home
the study found no link between
intelligence and the light
hood of credit card problems missed
payments or bankruptcy Zagorski suggests
that the findings show that smarter
people struggle to save money he points
to the University parking lot as
evidence despite the supposed smartness
of professors you see a lot of old low
value vehicles he says so while it isn’t
really rocket science to make money it’s
not difficult to lose it either
number three health problems often mean
money problems in the u.s. transplant
surgery is very expensive in most cases
prohibitively so cancer survival rates
are going up which can only be a good
thing but studies have shown that cancer
survivors are consistently more likely
to go bankrupt than people without the
disease due in large part to hospital
costs a 2013 survey led by dr. Scott
Ramsay match the financial situations of
almost 200,000 people affected by cancer
with an equal amount who haven’t been
transplant surgery doctors fees
post-operative care immunosuppressant
drugs you’re looking at a minimum of two
hundred and fifty thousand dollars
results showed that four thousand four
hundred and eight of those diagnosed had
filed for bankruptcy compared to two
thousand two hundred ninety one without
a diagnosis furthermore a 2010 poll by
the Harvard School of Public Health and
the knowledge networks organization
found that over a third of heart disease
and diabetes sufferers linked their
worsening financial situation to their
poor health the poll also found that
four percent of those with heart disease
and nine percent of those with diabetes
were forced to declare bankruptcy
because of medical bills I can do this I
can pay I swear to god I’ll pay the
money back I don’t know how I’m gonna do
it but I promise you I will the Irish
says that you can’t put a price on your
health but unfortunately in America you
can and some patients just can’t pay it
yes ma’am I need to speak to somebody
and financial aid
number two saying sorry often helps I’m
sorry you apologize too much in a
similar way to a number of other legal
situations an apology in the courtroom
during a bankruptcy judgment is proven
to increase the debtors chances of a
more favorable ruling young man having
my judgment mocked in my own court is
not something I’m prepared to tolerate
according to a 2013 study conducted by
the University of Illinois the decision
of a judge can often be influenced by a
display of remorse
Jennifer Kay Robin alt a co-writer of
the study argues that bankruptcy cases
are unlike any other in court because
she says the harm is often spread across
many creditors so there is no single
victim and the debtor initiates the case
which may be perceived as acceptance of
responsibility essentially although the
debtor is looking to relinquish
financial control they do hold a small
degree of control within the courtroom
itself as bankruptcy judges have to
discern the likelihood of a debtor
honoring a proposed payment plan saying
sorry can help build a better more
commendable personal profile
Rober note says that the finding
suggests that bankruptcy is at least in
part about forgiveness and that judges
decisions can be complex and
multi-dimensional number one it happens
to the best and most famous of us fern
look at me do I look into you I’m broken
I’m depressed off my ass bankruptcy can
be billed as a very lonely state of
affairs but its more common than most
people probably believe but one in every
70 American households has filed for
insolvency or will do so in the future
and studies show that over 40% of
American families spend more than they
earn every year although the global
economy has improved since the financial
crisis of 2008 as long as tendencies to
overspend continue bankruptcy will
threaten even the rich and famous aren’t
immune talk-show host Larry King
legendary animator Walt Disney former
heavyweight champion Mike Tyson and 90s
rapper MC Hammer have all filed for
bankruptcy at some point in their
careers
even the iconic former President Abraham
Lincoln had his assets taken from him
during an early career as a shopkeeper
and hey now he’s on the penny if that
doesn’t give you hope nothing will you
cleats first common notion is this
things which are equal to the same thing
are equal to each other so what do you
think is it absolutely ridiculous or
kind of understandable that the rich and
famous sometimes go broke those Rio use
go ahead and add it up every sense
accounted for for more cash-strapped
toptenz and apologetic top fives be sure
to subscribe to watchmojo.com
you
facts will be interesting if you have
one left that is I declare bankruptcy
welcome to watchmojo.com ting down the
five most interesting facts that we
could find about bankruptcy I just
wanted you to know that you can’t just
say the word bankruptcy and expect
anything to happen I didn’t say it I
declared it number five the gender
balance is tipping statistically
speaking women are more likely to file
for bankruptcy than men for the first
time in modern history it’s a battle of
the sexes you’d rather not win but
according to recent statistics ladies
not dudes are more likely to go broke in
the 21st century reportedly because of
overspending and consumer debt according
to the Telegraph which reports 2015
findings by the insolvency service cover
in England and Wales women under the age
of 25 are almost twice as likely to go
bankrupt as men the divide exists in the
u.s. too though it’s less harsh debt org
calculates the 52 women filed for
bankruptcy for every 48 men on the other
hand a 2013 study at McMaster University
concluded that companies performed
better with women in the boardroom
making financial decisions citing a 2009
paper which found that firms cut the
risk of bankruptcy by 20% by having at
least one female director big big huge
number four it’s not stupid to go
bankrupt
we bucks just a small loan from the
briefcase and we find ourselves some
reasonable lodgings good plan you might
feel a little foolish if you ever go
bankrupt but there’s no direct link
between someone’s intellectual
capabilities and their financial
situation studies show that less
intelligent people are as likely to
succeed and be wealthy as clever people
and more intelligent folk are equally
threatened by failure and financial
difficulty in a 2007 study conducted by
Jay Zagorski for Ohio State University
the link between the IQ and wealth of
over 7400 Americans was analyzed while
results indicate that there is a
correlation between IQ and income ie the
better your IQ the more you take home
the study found no link between
intelligence and the light
hood of credit card problems missed
payments or bankruptcy Zagorski suggests
that the findings show that smarter
people struggle to save money he points
to the University parking lot as
evidence despite the supposed smartness
of professors you see a lot of old low
value vehicles he says so while it isn’t
really rocket science to make money it’s
not difficult to lose it either
number three health problems often mean
money problems in the u.s. transplant
surgery is very expensive in most cases
prohibitively so cancer survival rates
are going up which can only be a good
thing but studies have shown that cancer
survivors are consistently more likely
to go bankrupt than people without the
disease due in large part to hospital
costs a 2013 survey led by dr. Scott
Ramsay match the financial situations of
almost 200,000 people affected by cancer
with an equal amount who haven’t been
transplant surgery doctors fees
post-operative care immunosuppressant
drugs you’re looking at a minimum of two
hundred and fifty thousand dollars
results showed that four thousand four
hundred and eight of those diagnosed had
filed for bankruptcy compared to two
thousand two hundred ninety one without
a diagnosis furthermore a 2010 poll by
the Harvard School of Public Health and
the knowledge networks organization
found that over a third of heart disease
and diabetes sufferers linked their
worsening financial situation to their
poor health the poll also found that
four percent of those with heart disease
and nine percent of those with diabetes
were forced to declare bankruptcy
because of medical bills I can do this I
can pay I swear to god I’ll pay the
money back I don’t know how I’m gonna do
it but I promise you I will the Irish
says that you can’t put a price on your
health but unfortunately in America you
can and some patients just can’t pay it
yes ma’am I need to speak to somebody
and financial aid
number two saying sorry often helps I’m
sorry you apologize too much in a
similar way to a number of other legal
situations an apology in the courtroom
during a bankruptcy judgment is proven
to increase the debtors chances of a
more favorable ruling young man having
my judgment mocked in my own court is
not something I’m prepared to tolerate
according to a 2013 study conducted by
the University of Illinois the decision
of a judge can often be influenced by a
display of remorse
Jennifer Kay Robin alt a co-writer of
the study argues that bankruptcy cases
are unlike any other in court because
she says the harm is often spread across
many creditors so there is no single
victim and the debtor initiates the case
which may be perceived as acceptance of
responsibility essentially although the
debtor is looking to relinquish
financial control they do hold a small
degree of control within the courtroom
itself as bankruptcy judges have to
discern the likelihood of a debtor
honoring a proposed payment plan saying
sorry can help build a better more
commendable personal profile
Rober note says that the finding
suggests that bankruptcy is at least in
part about forgiveness and that judges
decisions can be complex and
multi-dimensional number one it happens
to the best and most famous of us fern
look at me do I look into you I’m broken
I’m depressed off my ass bankruptcy can
be billed as a very lonely state of
affairs but its more common than most
people probably believe but one in every
70 American households has filed for
insolvency or will do so in the future
and studies show that over 40% of
American families spend more than they
earn every year although the global
economy has improved since the financial
crisis of 2008 as long as tendencies to
overspend continue bankruptcy will
threaten even the rich and famous aren’t
immune talk-show host Larry King
legendary animator Walt Disney former
heavyweight champion Mike Tyson and 90s
rapper MC Hammer have all filed for
bankruptcy at some point in their
careers
even the iconic former President Abraham
Lincoln had his assets taken from him
during an early career as a shopkeeper
and hey now he’s on the penny if that
doesn’t give you hope nothing will you
cleats first common notion is this
things which are equal to the same thing
are equal to each other so what do you
think is it absolutely ridiculous or
kind of understandable that the rich and
famous sometimes go broke those Rio use
go ahead and add it up every sense
accounted for for more cash-strapped
toptenz and apologetic top fives be sure
to subscribe to watchmojo.com
you
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