The Bankruptcy Reform Act of 1978: The Full- Employment-for-Lawyers Bill

If consumer acceptance signals success, the new bankruptcy product lines are fantastic! A month-to-month comparison in the first full year of operation shows "sales" increasing more than 100% in all divisions. One line, however, exceeds all others; Chapter Us are up nearly 600%! It is a boom time for going bust.

Although the creatorss of the Bankruptcy Reform Act of 1978 may not cheer over these grim statistics of financial collapse, they must at least take comfort in the eager embrace of their new product.