Consumer Bankruptcy and Household Debt

Jickling, Mark

Library of Congress. Congressional Research Service.

关键词: Finance;    Consumer credit;    Bankruptcy;    Consumers;   

RP-ID  :  RS20777
RP-ID  :  RS20777 2002-09-06

美国|英语

来源: UNT Digital Library

【 摘 要 】

Financial distress is most common among lower-income families, but its incidence has grown in all income brackets. This trend suggests that explanations for the rise in consumer bankruptcy filings are more likely to be found in micro-analysis of individuals and groups of debtors than in macroeconomic indicators. This report presents statistics on bankruptcy filings, household debt, and households in financial distress.