USA Today: Bankruptcy rising among seniors
USA Today has this story: Bankruptcy rising among seniors.
A snippet:
The study did not address the specific reasons behind the trend. But experts say medical bills have played a major role in the debt that has forced many elderly Americans into bankruptcy proceedings.
“Health care is a big issue for the elderly,” says George Gaberlavage, director of consumer and state affairs at the AARP Public Policy Institute. “And out-of-pocket expenses have been going up.”
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Posted: June 23rd, 2008 under Debt relief, In the News, Senior citizens.
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