Top 5 Reasons Why People Go Bankrupt

AAA

The bankruptcy statistics in America are alarming. The past few decades have seen a dramatic rise in the number of people who are unable to pay off their debts, and Congress has recently addressed the issue with legislation that makes it harder to qualify for this status. Following is a list of the most common causes of bankruptcy in America today.

You May Also Like

Related Articles
  1. Fundamental Analysis

    Is depreciation only used for tangible assets?

  2. Fundamental Analysis

    What does a high weighted average cost of capital (WACC) signify?

  3. Fundamental Analysis

    How do intangible assets appear on a balance sheet?

  4. Credit & Loans

    Capital One Cards: VentureOne Vs. Venture Rewards

  5. Fundamental Analysis

    What is the difference between operating cash flow and net income?

  6. Fundamental Analysis

    How do I calculate dividend payout ratio from a balance sheet?

  7. Credit & Loans

    When is it necessary to get a letter of credit?

Trading Center