Today's news describes yet another study noting how often illness and medical expenses drive people into financial hardship. Researchers surveyed 128 recently-foreclosed households in four states. They found that medical bills were a factor in 23 percent of home foreclosures. Overall, illness and injury contributed to about half of the foreclosures examined.
These study findings match patterns reported by other bankruptcy researchers: Medical debt is central to the story. This is hardly surprising. Times are hard for everyone. Throw...
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