Individual bankruptcy filings. Blue line represents total debts for average debtor seeking either Chapter 7 or Chapter 13 relief, and red line represents total assets available to the bankruptcy estate of the average debtor, both in thousands of dollars.
IIRC, bankruptcy filings had a discontinuity around the time the bankruptcy reforms went into effect.
I was going to guess the blue line is US GDP, but it goes up too high in 2009.
Blue- Average credit card debt for households with credit card debt
Red- Average credit card debt for all households
Individual bankruptcy filings. Blue line represents total debts for average debtor seeking either Chapter 7 or Chapter 13 relief, and red line represents total assets available to the bankruptcy estate of the average debtor, both in thousands of dollars.
IIRC, bankruptcy filings had a discontinuity around the time the bankruptcy reforms went into effect.
I was going to guess the blue line is US GDP, but it goes up too high in 2009.
Blue- Average credit card debt for households with credit card debt
Red- Average credit card debt for all households
In thousands of dollars.
Aaaaaaand Randy wins.