As Americans’ Debt Grows So Does Bankruptcy
Financial experts say the increase does not necessarily signal a weakening economy. by Sidnee Michelle More Americans are turning to personal bankruptcy as mounting debt, elevated borrowing costs, and the expiration of pandemic-era financial assistance continue to strain household finances, according to new federal court data, NPR reports. More than 574,000 personal bankruptcy cases were filed during the 12-month period ending March […]
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