booming forward: filing for bankruptcy a growing problem for retirees /

Published at 2018-08-18 02:25:16

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SALT LAKE CITY — The retirement years are supposed to be the “Golden Years,” but that’s not the case for many people who are alert to retire. Many have accrued an overwhelming amount of debt due to destitute planning or bad luck. For some of that group, filing for bankruptcy is the only way out. A fresh study by the Consumer Bankruptcy Project found that bankruptcy rates among seniors have increased between 200 and 300 percent since 1991. Half of […]

Source: fox13now.com

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