2013 Report Shows Fewer Debtor Assets, More Repeat
Posted: Thu Jul 24, 2014 2:04 pm
He copied it from the site. If you assume 1,136,000 (which any
nonmathematician would round to 1.1 million), the result is 12%.
This is not intended to be a correction in any way, I humbly accept that
you're a better mathematician than me! This demonstrates what a huge
difference a little bit of incorrect rounding can make. And yes, it pains
me not to hyphenate.
Sincerely,
Michael Avanesian
On Thu, Jul 24, 2014 at 11:44 AM, Nicholas Gebelt ngebelt@gebeltlaw.com
[cdcbaa] wrote:
>
>
> Dear Hale,
>
>
>
> Where did they get 12%? If we start with 1.1 million and reduce it by 0.1
> million to 1 million, we have a reduction of about 9.09% because 0.1
> million is about 9.09% of 1.1 million (0.1 / 1.1 100 9.09, to two
> decimal places).
>
>
>
> All the best,
>
>
>
> Nick
>
>
>
> *Nicholas Gebelt*
>
>
>
> Nicholas Gebelt, Ph.D., J.D.
>
> Attorney at Law
>
> Certified Bankruptcy Law Specialist
>
>
>
> [image: Description: Description: Description:
> cid:image003.jpg@01CC076B.B14D73C0]
>
>
>
> Law Offices of Nicholas Gebelt
>
> 15150 Hornell Street
>
> Whittier, CA 90604
>
> Phone: 562.777.9159
>
> FAX: 562.946.1365
>
> Email: ngebelt@goodbye2debt.com; ngebelt@gebeltlaw.com
>
> Web: www.goodbye2debt.com
>
> Blog: www.southerncaliforniabankruptcylawblog.com/
>
>
>
> *Important notice required by 11 U.S.C. 528:* We are a debt relief
> agency. We help people file for bankruptcy relief under the Bankruptcy Code.
>
>
>
> *Confidentiality Note*: This e-mail is intended only for the person or
> entity to which it is addressed and may contain information that is
> privileged, confidential, or otherwise protected from disclosure.
> Dissemination, distribution, or copying of this e-mail or the information
> herein by anyone other than the intended recipient, or an employee or agent
> responsible for delivering the message to the intended recipient, is
> prohibited. If you have received this e-mail in error, please notify us
> immediately at 562.777.9159 or e-mail info@gebeltlaw.com and destroy the
> original message and all copies.
>
>
>
> *Representation Note*: If you have not signed a contract of
> representation, the Law Offices of Nicholas Gebelt do not represent you,
> and this email does not contain any legal advice for you.
>
>
>
> *IRS Circular 230 Disclosure: *In order to comply with the requirements
> imposed by the Internal Revenue Service, we inform you that any U.S. tax
> advice contained in this communication (including any attachments) is not
> intended to be used, and cannot be used, for the purpose of (i) avoiding
> penalties under the Internal Revenue code, or (ii) promoting, marketing, or
> recommending to another party any transaction or matter addressed herein.
>
>
>
> *From:* cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com]
> *Sent:* Thursday, July 24, 2014 11:30 AM
> *To:* cdcbaa@yahoogroups.com
> *Subject:* RE: [cdcbaa] 2013 Report Shows Fewer Debtor Assets, More
> Repeat Bankruptcy Filers
>
>
>
>
>
> "In calendar year 2013, 1 million bankruptcy petitions were filed by
> individuals with predominantly consumer debt, down 12 percent from the 1.1
> million bankruptcy petitions filed by individuals with consumer debt in
> 2012."
>
> Hale
>
> ________________________________
>
> Sent: Thursday, July 24, 2014 5:59 AM
> To: cdcbaa@yahoogroups.com
> Subject: [cdcbaa] 2013 Report Shows Fewer Debtor Assets, More Repeat
> Bankruptcy Filers
>
>
> http://news.uscourts.gov/2013-report-sh ... e-repeat-b
> ankruptcy-filers
>
> Shannon Picture
> Shannon A Doyle
>
>
>
He copied it from the site. If you assume 1,136,000 (which any nonmathematician would round to 1.1 million), the result is 12%.This is not intended to be a correction in any way, I humbly accept that you're a better mathematician than me! This demonstrates what a huge difference a little bit of incorrect rounding can make. And yes, it pains me not to hyphenate.
Sincerely, Michael AvanesianOn Thu, Jul 24, 2014 at 11:44 AM, Nicholas Gebelt <cdcbaa@yahoogroups.com> wrote:
Dear Hale,
Where did they get 12%? If we start with 1.1 million and reduce it by 0.1 million to 1 million, we have a reduction of about 9.09% because 0.1 million is about
9.09% of 1.1 million (0.1 / 1.1 100 9.09, to two decimal places).
All the best,
Nick
Nicholas Gebelt
an>
Nicholas Gebelt, Ph.D., J.D.
Attorney at Law
Certified Bankruptcy Law Specialist
an>
Law Offices of Nicholas Gebelt
15150 Hornell Street
Whittier, CA 90604
Phone: 562.777.9159
FAX:et"_blank">562.946.1365
Email:
ngebelt@goodbye2debt.com;
ngebelt@gebeltlaw.com
Web:www.goodbye2debt.com
Blog:www.southerncaliforniabankruptcylawblog.com/
an>
Important notice required by 11 U.S.C. 528:
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Confidentiality Note: entity to which it is addressed and may contain information that is privileged, confidential, or otherwise protected from disclosure. Dissemination, distribution, or copying of this e-mail or the information herein by anyone other than the intended recipient,
or an employee or agent responsible for delivering the message to the intended recipient, is prohibited. If you have received this e-mail in error, please notify us immediately at 562.777.9159 or e-mail
info@gebeltlaw.com and destroy the original message and all copies.
Representation Note: the Law Offices of Nicholas Gebelt do not represent you, and this email does not contain any legal advice for you.
IRS Circular 230 Disclosure:
In order to comply with the requirements imposed by the Internal Revenue Service, we inform you that any U.S. tax advice contained in this communication (including any attachments)
is not intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue code, or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.
From: cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com]
Sent: Thursday, July 24, 2014 11:30 AM
To: cdcbaa@yahoogroups.com
Subject: RE: [cdcbaa] 2013 Report Shows Fewer Debtor Assets, More Repeat Bankruptcy Filers
"In calendar year 2013, 1 million bankruptcy petitions were filed by
individuals with predominantly consumer debt, down 12 percent from the 1.1
million bankruptcy petitions filed by individuals with consumer debt in
2012."
Hale
________________________________
hoogroups.com [mailto:
The post was migrated from Yahoo.