personal bankruptcy statistics
Thursday, August 19th, 2010
What are some key personal debt statistics for the US? e.g level of consumer debt, personal bankruptcy rates?
I want to get statistics that confirm the extent of the consumer debt crisis in the US today.
I need to get statistics /quotes from respected sources like Washington Post, New York Times, Federal Reserve
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is:
http://umgarticles.atspace.com/debt-consolidation.htm
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The Two-Income Trap: Why Middle-Class Parents are Going Broke $6.12 Book Description Publication Date: August 17, 2004 In this revolutionary exposé, Harvard Law School bankruptcy expert Elizabeth Warren and financial consultant Amelia Tyagi show that today’s middle-class parents are increasingly trapped by financial meltdowns. Astonishingly, sending mothers to work has made families more vulnerable to financial disaster than ever before. Today’s two-income family… |
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The Fragile Middle Class: Americans in Debt $28.00 Since 1997, the number of American families filing for federal bankruptcy annually has exceeded one million. By most measures, those who file are members of the middle class – a group that has long provided stability and vitality for the American economic system. This raises the troubling question: why, during the most remarkable period of prosperity in our history, are unprecedented numbers of Am… |
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Personal bankruptcy : the Credit Research Center report on debtors’ ability to pay : report to congressional requesters (SuDoc GA 1.13:GGD-98-47) Original publisher: Washington, D.C. : The Office, [1998] LC Number: KF1526 .U55 1998 OCLC Number: (OCoLC)38465390 Subject: Bankruptcy — United States — Statistics. Excerpt: … B-278972 Other studies have also concluded that there is considerable variation among bankruptcy districts. The National Bankruptcy Review Commission found, for example, that chapter 13 practices ” differ dramaticall… |
