Home | September 2010News | Older Americans file bankruptcy more than younger generations |
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Older Americans file bankruptcy more than younger generations
- Older Americans file bankruptcy more than younger generations
- September 13, 2010
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Although younger to middle-aged individuals appear to carry more debt - including student and mortgage loans, credit card balances and auto financing - a new report reveals that more older Americans are filing for bankruptcy. According the American Bankruptcy Institute Journal, individuals aged 55 and older are becoming the fastest-growing demographic to file.
- View more at: http://www.credit.com/news/credit-debt/2010-08-24/older-americans-file-bankruptcy-more-than-younger-generations.html
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