Who Filed for Bankruptcy in the USA?

WHO FILED FOR BANKRUPTCY, THE AVERAGE o DEGREE The average American filing for bankruptey was 35-54, married, Caucasian, had completed high school and some college, was employed, making less than CAUCASIAN $30,000 per year. MARRIED EMPLOYED 35-54. YRS OLD LESS THAN $30K/YR AFRICAN AMERICAN African Americans are filing fewer bankrupteies than in 2006. A HIGHER EDUCATION Americans with advanced degrees are filing at higher rates. A MARRIED Americans who are married have seen an 8% increase in filings since 2o006. A 55 + Americans 55 years and older are filing at higher rates. A $30K + Americans earning $30,000 or more make up 41% of filers. AUNEMPLOYED Americans who are unemployed saw a jump in filings by 3.2% since 2008. A ASIAN AMERICANS Asian Americans are now filing for bankruptcy at double the rate they were in 2006. Sources: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1630501 The 2009 Annual Consumer Bankruptcy Demographics Report from The Institute for Financial Literacy®