Attorneys and judges in Rene Lastreto’s line of work all know one thing: The bad times will come again.
Judge Lastreto was appointed to the U.S. Bankruptcy Court of the Eastern District of California in 2015. Economic growth was near a 10-year high. The stock market had nearly tripled in value since the depths of the great recession. Bankruptcy filings had fallen sharply after the tough 2008 to 2012 period that had overlo... (continued)