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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: The 2009 Annual Consumer Bankruptcy Demographics Report from The Institute for Financial Literacy®

Who Filed for Bankruptcy in the USA?

shared by rmmojado on Dec 28
Americans of all walks of life can find themselves deep in debt or underwater on their loans. For millions of people each year, filing bankruptcy provides a real debt relief solution. See the key demo...



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