An Increase Seen in Bankruptcy Filing in Elders
Call: 888-297-6203 When people are unable to repay their debts and find no other way out, they opt for bankruptcy. In recent years, there has been an increase in the number of elders filing for bankruptcy. compared to young filers, the number of senior citizens filing for bankruptcy has tripled in the past 25 years. According to Dallas based bankruptcy law firm Recovery Law Group, the reasons why bankruptcy filing has seen an increase in older debtors are: Higher healthcare costs With increasing age, health complications are bound to happen. Thanks to erratic lifestyle, diseases like diabetes, hypertension, [...]