iOS app Android app More

Fixed Income & Credit Card Debt: Why Retirees Are Declaring Bankruptcy

Retirement

First Posted: 12/23/10 05:12 AM ET Updated: 05/25/11 07:05 PM ET

For more and more seniors, retirement doesn't mean a debt-free life of leisure. An increasing number of Americans aged 65 and older are declaring bankruptcy, according to a recent study by John Pottow, professor of law at the University of Michigan Law School.

Read the whole story

FOLLOW HUFFPOST BUSINESS
Subscribe to the HuffPost Money newsletter!
Filed by T.J. Ortenzi  |