Senior bankruptcy rates go up, while middle ages filing go down, this clearly reflects a need to get Medicare reconnected, as this is not what the “Golden Age” should be about, and the number one cause is healthcare costs. Where is that “Golden Age” anyway? BD
The average age for filing bankruptcy has increased and the rate of bankruptcy among those ages 65 and older has more than doubled since 1991, say researchers Teresa Sullivan of the University of Michigan, Deborah Thorne of Ohio University and Elizabeth Warren of Harvard Law School.
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