Although this article addresses the historical issue of debtors, debtors prisons, and Bankruptcy, I find it interesting as the Health Care System evolves. The Number One reason for personal bankruptcy is health care bills
As Health Care restructures its delivery system, watch large health care systems work their way through bankruptcy. This may seem far fetched at this time. However with the significant Medicaid and Medicare budget cuts major cash flows will be altered. Large Health Care Providers which have made large capital outlay to capture what was in the past a major cash flow will experience financial distress.