Bankrupt Retirees: Older Americans Are Most Likely To Declare Bankruptcy
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Newsweek:
Older Americans are heading into and through retirement with a boatload of debt. They're carrying everything from mortgages and home-equity loans to big credit-card balances, and many are finding the burdens harder and harder to bear. In the last eight years, the over-55 crowd has become the age group most likely to declare bankruptcy, according to the AARP.
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First Posted: 10-14-09 02:07 PM | Updated: 10-14-09 02:19 PM