Huffpost Business

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

Posted: Updated:

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

Around the Web

Bankruptcy rising among seniors - USATODAY.com

BANKRUPTCY BY THE NUMBERS A Closer Look at Elderly Chapter 7 Debtors

Elderly Struggle With Debt - The Early Show - CBS News