U.S. Elderly Bankruptcy Is On The Rise — Here’s Why
This week, the U.K.’s Financial Times covered an important and overlooked aspect of how the U.S. treats its elders: bankruptcy. Stories of seniors filing for bankruptcy are heartbreaking and uncomfortable, so I am not surprised that it took a correspondent paid by a foreign newspaper (Patti Waldmeir) to tell this American story from the lobbies of our bankruptcy courts. Like every good story, there are complicated victims and more than one perpetrator. Everyone has a role in the “crime.” Victims In Elder Bankruptcies Bankruptcy in...