The American Institute of Bankruptcy Attorneys has recognized the exceptional performance of Oregon’s Attorney Michael D. O’Brien as Five Years 10 Best Bankruptcy Attorney for Client Satisfaction. The American Institute of Bankruptcy Attorneys is a third-party attorney rating organization that publishes an annual list of the Top 10 Bankruptcy Attorneys in each state. Attorneys who are selected to the “10 Best” list must pass AIOBA’s rigorous selection process, which is based on client and/or peer nominations, thorough research, and AIOBA’s independent evaluation. AIOBA’s annual list was created to be used as a resource for clients during the attorney selection process.…
Celebrity Bankruptcy Filings
I came across the attached list while reading one of my ultra dry scholarly magazines. The title of “Lights, Camera, Bankruptcy!” was catchy and the list of celebrity filers woke me up and focused my attention.
Check out the list of “Real Housewives” — according to the article there have been 67 female cast members which results in a filing rate of 1 in 11. Far in excess of the national average in America where about 1 in 350 people seek protection per year.
Aside from that small sample size, the article authors conclude that the bankruptcy filing rate for “celebrities” is actually far below the general rate for all Americans. Not surprising since their income is, generally speaking, substantially higher. The other thing that can be learned here is that tough times really do hit people in every walk of life.
Source: “Lights, Camera, Bankruptcy!” by Ed Flynn and Charles Bowles in American Bankruptcy Institute Journal of September 2014.
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