TEST YOUR BANKRUPTCY I.Q. Pick the answer you think is most correct.

  1. The largest number of bankruptcies filed in the United States were filed in 2002, 2005, 2008 or 2009?
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  2. 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

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  3. 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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  4. 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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  5. 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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  6. It is a fact that 5 out of the 10 largest bankrutpcy cases in the United States were filed in the two year period __________________.
    1990-1991, 2001-2002, 2003-2004, or 2008-2009.
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  7. It is a fact that the total dollar amount of these 5 bankruptcies was over______________. 
    100 billion dollars, 250 billion dollars, 500 billion dollars, 1 trillion dollars.
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  8. These 5 cases alone represent about _______ for every man woman and child
    in the United States.
    $1,000, $2,000, $3,000, $4,000 or $5,000.

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