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Day: March 25, 2022

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Why Are More And More Americans Applying For Bankruptcy? – eclwa.org

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  • Posted on March 25, 2022

The worst-case scenario. For many Americans medical expenses constitute the primary cause of debt distress that leads to bankruptcy. Studies show that 70 percent of all bankruptcies result from problems with health, like unaffordable medical bills or lost wages. More than half a million individuals file for bankruptcy every year due to rising costs for…

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