Bankruptcy Law News
8/28/2008 11:19:31 AM EST
Study: Bankruptcies soar for senior citizens
ST. AUGUSTINE, Fla. – (AP) First came the health problems. Then, unable to work, Ada Noda watched the bills pile up. And then, suffocating in debt, the 80-year-old did something she never thought she'd be forced to do.
She declared bankruptcy.
While the bankruptcy filing rate for those under 55 has fallen, it has soared for older Americans, … Full version (available to lexis.com subscribers)
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