<img class=" wp-image-2981 aligncenter" src="https://carolinacrossroads.news/wp-content/uploads/2018/11/why-are-baby-boomers-filing-bankruptcy-increasing-300x177.jpg" alt="" width="510" height="301" />

Baby Boomers are filing bankruptcy in record numbers<span style="color: #0000ff;"><span style="color: #000000;">.</span>
</span>
<blockquote>"The definition of bankruptcy is given as “legal status of a person or other entity that cannot repay debts to creditors.” In most parts of the U.S., bankruptcy is imposed by the court after a petition by the creditors. All over the country, thousands of people file for bankruptcy daily as a last resort after failing to live up to the financial burdens imposed upon them.

But a worrisome trend that has been highlighted closer to home is the fact that a more significant number of older American citizens are beginning to file for bankruptcy at a rate that is more than double what it was 25 years ago. This trend was highlighted by a study that was published by the Social Science Research Network." <a href="https://www.marketwatch.com/story/why-are-so-many-americans-over-65-declaring-bankruptcy-2018-11-06" target="_blank" rel="noopener noreferrer"><span style="color: #0000ff;">Read more...</span></a></blockquote>
&nbsp;
<p style="text-align: left;"><span style="color: #333333;"><em><strong>Sources:</strong></em></span>
<a href="https://www.marketwatch.com/story/why-are-so-many-americans-over-65-declaring-bankruptcy-2018-11-06" target="_blank" rel="noopener noreferrer"><span style="color: #0000ff;">Market Watch</span></a></p>

<address><strong>Related Articles:</strong></address><address><span style="color: #0000ff;"><a style="color: #0000ff;" title="123" href="https://carolinacrossroads.news/strip-mining-scotland-county/" target="_blank" rel="noopener noreferrer">Strip Mining Scotland County</a></span></address><address><span style="color: #0000ff;"><a style="color: #0000ff;" title="123" href="https://carolinacrossroads.news/video-century-enslavement-history-federal-reserve/" target="_blank" rel="noopener noreferrer">Century of Enslavement (video)</a></span></address><address><span style="color: #0000ff;"><a style="color: #0000ff;" title="123" href="https://carolinacrossroads.news/what-happens-when-we-buy-jobs/" target="_blank" rel="noopener noreferrer">What Happens When We Buy Jobs?</a></span></address><address> </address>
<p style="text-align: center;"><span style="color: #0000ff;">Get Your Free Subscription Today to Carolina Crossroads News. We won't spam you and you can unsubscribe (one click) at any time.</span></p>

<center><script type="text/javascript" src="https://app.mailerlite.com/data/webforms/436451/u7g5s1.js?v1"></script></center>&nbsp;

<address>Affiliate Disclosure: Some links on this page may be affiliate links which, if used to purchase products, would yield a small commission to CarolinaCrossroads.News. This is how we support our website and efforts to bring you the news and information we believe are important to our viewers. Thank you for your support.</address><address> </address><address>You can reach Carolina Crossroads News at (888) 472-7555 or send us an <span style="color: #0000ff;"><a style="color: #0000ff;" href="http://carolinacrossroads.news/contact-us/" target="_blank" rel="noopener noreferrer">email</a></span>.</address>&nbsp;

&nbsp;
<p style="text-align: center;"><em><strong><span style="font-size: 16px; color: #de030b;"><span style="font-family: verdana,geneva,sans- serif;">We'd love to hear your questions or comments below. Thank you.</span></span></strong></em></p>
&nbsp;
<p style="text-align: center;">* * * * *</p>
<em><span style="font-size: x-small;"><span style="font-family: verdana,geneva,sans-serif;">Fair Use Notice: This website post may contain copyrighted material. Such material is made available for news reporting, educational and other limited purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in title 17 U.S.C. Section 107 of the US Copyright Law.</span></span></em>

<em><span style="font-size: x-small;"><span style="font-family: verdana,geneva,sans-serif;">CarolinaCrossroads.News (‘CCN’) has no control over and does not endorse any external Internet site that contains links to or references CCN.</span></span></em>