Magnetic flow meters are rapidly taking the place of traditional mechanical flow meter designs. While they both measure the flow of a liquid in a pipe, they do so in different ways.
Bankruptcy might be a way to earn money from different people and organizations, but people who are facing it personally know how big a task it is to deal with it, and complete all the related processes without losing it completely.
Bankruptcy is a common scenario in the US and if you or someone in your friends and family are going to go through the similar process, then knowing what it is about is a good idea.