Baby Boomer Bankruptcies Ballooning
September 30, 2019 Bankruptcy filings among the Baby Boomer generation are skyrocketing – a five-fold increase over 25 years! So many Boomers are filing that every seventh bankruptcy filer is age 65 or older – more than 14 percent. In 1991, only 2 percent of bankruptcy filers were 65 or older. Most seniors seem to file Chapter …