Bankruptcy Claims Among Middle Class Increase During Great Recession

Wednesday, June 30, 2010

The percentage of individuals filing for bankruptcy who hold bachelor’s or graduates degrees and earn more than $60,000 per year increased in 2009, indicating that the Great Recession is having a greater effect on middle class Americans, according to the 2009 Annual Consumer Bankruptcy Demographic Report released by the Institute for Financial Literacy, a non-profit financial counseling and …

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Bankruptcy Claims Among Middle Class Increase During Great Recession