The more who declare bankruptcy, the more chances that the profession will be blacklisted by any financial institution in the future. Whether that is a good thing or not remains to be seen. Certainly, it may stop the market being overwhelmed by ATPL(f)s, and certainly put an end to those who think it is acceptable to pay to fly, or even fly for nothing. It will be a better day for us all when CTC et al close their doors.