The "B" word is hard to take at first for anybody.
After all, "bankruptcy" is based on the an Italian phrase meaning "broken bench", which wasn't a very pretty debt-management technique when it was practiced in Florence in the late Middle Ages.
But I was entertained by the article in Bloomberg by Margaret Newkirk, Martin Z. Braun and Kathleen Edwards.
The general idea behind the article is that people in Jefferson County are experiencing "sewer fatigue", and that they just want closure on the constant talk about their debt crisis.
Frankly, that's a pretty common emotional experience in connection with bankruptcy.
And once people make up their minds to file a bankruptcy, they tend to want to do it right away.
That can be a problem for some folks, if they don't pass the means test!
But there are many ways to skin that cat.
None of them fun, or easy, of course.
But that's the way the banks wanted it when they lobbied Congress to get the 2005 Amendments to the Bankruptcy Code that led to the Bankruptcy Gold Rush of '05, and the Great Bankruptcy Drought of '06 and '07, which in turn led to the "deep mining" techniques of the panel trustees in bankruptcy cases today.
