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. Credit & Loans

    Credit Card Review: Premier Rewards Gold Amex

  2. Credit & Loans

    Credit Card Review: Gold Delta SkyMiles Amex

  3. Credit & Loans

    Credit Card Review: Capital One Quicksilver Rewards

  4. Credit & Loans

    Credit Card Review: BankAmericard Travel Rewards

  5. Credit & Loans

    Credit Card Review: Discover it

  6. Fundamental Analysis

    American Express Returns Vs. DJ Industrial Average

  7. Credit & Loans

    Credit Card Review: Platinum American Express

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!