BUSINESS

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

12/23/2010 05:12 am ET | Updated May 25, 2011

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 more on

Suggest a correction