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Behind the surge in seniors filing for bankruptcy

2,692 views · Published 7 August 2018 · 3:10 · Indexed 30 October 2026

Channel: CBS Mornings · 2018 · News & Politics

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Americans facing retirement are now the fastest growing group of people filing for bankruptcy. A new study by the Consumer Bankruptcy Project reveals the rate of people older than 65 who filed for bankruptcy has tripled since 1991. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the findings and offer advice.

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