The number of companies making second trips through bankruptcy -- sometimes dubbed "Chapter 22" filings, or Chapter 11 times two -- has jumped in the first two months of 2012.
Under the law, judges must ensure a company's reorganization plan is feasible before allowing it to exit bankruptcy.
The 17 total public-company filings so far in 2012 compares with 15 at this point last year.
To date this year, the number of Chapter 22 bankruptcies filed as a percentage of overall bankruptcies is running at a rate that could outpace prior year Chapter 22 filings.http://www.msnbc.msn.com/id/4664359...ks_and_economy/
90% of life is "showing up"