333Apologies to Alanis Morissette, but isn’t it ironic…that when the economy is doing well, there is often an increase in bankruptcies? The rationale, as discussed in this mid-sized city’s newspaper article (Dayton, Ohio), is that folks either tend to believe that they have more disposable income — and thus spend more, often beyond what they really have — or engage in riskier entrepreneurial ventures out of sheer optimism. Regardless of the reason, the good news is that bankruptcy is always an option. There are, of course, myriad potential issues with filing eligibility, asset exemptions, and the discharge of certain debts, so you are wise to consult with a local¬†bankruptcy attorney prior to attempting to file alone, but the legislative safety net (of BACPA) is a good one…whether the economy is in good shape or bad.