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. Budgeting

    Top 6 Best Value Hotels

  2. Credit & Loans

    American Express Cards: Centurion Vs. Platinum

  3. Insurance

    7 Industries Benefiting From Obamacare

  4. Insurance

    How Obamacare Affected The Insurance Industry

  5. Personal Finance

    Top Healthcare Stocks Rallying Under Obamacare

  6. Investing Basics

    What Happened To Rite Aid Stock In 1999?

  7. Credit & Loans

    American Express's Main Competition

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!