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So How Do You Lose a Job and Show Up as Unemployed? Bankruptcy Cases Still Going Up. A "Return to Normalcy?"

By Joseph McDaniel, Esq.

I'm an Arizona Bankruptcy Lawyer, but it's interesting to read about bankruptcy cases in exotic Hawaii, or even more exotic Oklahoma.

And while the tales of increased numbers of filings didn't get my attention, two things did.

On the one hand, a bankruptcy trustee indicated that the increased filings represented a "return to normalcy".

And the other article indicated that in Hawaii, since so many people worked three jobs, they could lose one and not register as unemployed.

Now, I'm easily amused, but I'm not so easily surprised. But I was a little surprised that life in Hawaii requires three jobs to maintain life, and that anyone would see the avalanche of bankruptcy filings as a "return to normalcy".

If today's economy is normal, normal is very bad.

Full post as published by Arizona Bankruptcy Attorney Blog on January 04, 2011 (boomark / email).