WHO FILES BANKRUPTCY

Robert J Adams Jr.

Written by  Pro

Bankruptcy Attorney - Chicago, IL

Contributor Level 20

Posted 8 months ago. Applies to United States, 4 helpful votes

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1

GENDER

Female: 52%; Male 48%

2

ETHNICITY

Caucasian/White: almost 72%; African American/Black: 11%; Latino/Hispanic: between 8 and 9%; Asian: 4.5%

3

AGE

Between 34 and 54: 56%; Ages 65 +: 9%

4

EDUCATION

College degrees including 2 year degrees: 29%; High School/GED: 36%

5

EMPLOYMENT

Employed or Self-Employed: 74%; Retired: 10%; Not employed (other than retired): 5%

6

INCOME

Under $40,000: 74%; Over $40,000: 26%

7

MARITAL STATUS

Married: 64%; Single, Widowed, or Divorced: 35%

8

PERCENTAGE OF CASES FILED JOINTLY BY MARRIED COUPLES

The over all percentage of all cases filed jointly by married couples was between 34 and 35%

9

WHO FILES BANKRUPTCY?

It can be anyone: you, your neighbor, co-worker; friends, family. We as a nation are having hard times financially. Bankruptcy is a valuable resource when needed.

Additional Resources

Source: https://financiallit.org/

Robert Adams

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