More Retirees Are Filing for Bankruptcy

Submitted by Anonymous (not verified) on Wed, 12/05/2018 - 21:01
Description: 

More and more retirees are filing for bankruptcy due to several reasons. Disappearing benefits, rising medical costs, planning inadequately, increasing caretaker expenses, and declining income are a few of the major causes. More seniors are not only filing for bankruptcy, but they also are representing a larger percentage of filers. In 1991, only 2% of bankruptcy filers were 65 years or older. Now, more than 12% of bankruptcy filers are seniors, up 10% in less than thirty years.
The post More Retirees Are Filing for Bankruptcy appeared first on Tucson Bankruptcy Attorney.