Institute for Financial Literacy Releases its Consumer Bankruptcy Demographics Report

The Institute for Financial Literacy, a non-profit corporation, recently published its Annual Consumer Bankruptcy Demographics Report.  The findings indicate that the profile of the typical American bankruptcy filier may be changing.  Among other things the report seems to indicate that the gender gap in bankruptcy filing is closing; Americans with advanced degrees are filing at higer rates; Americans 45 years and older are filing at increased rates while Americans 34 years and younger are filing with less frequency than before. 

Click here to view the full report