In 2005, Senator Elizabeth Warren – then a professor – published an academic paper along with David Himmelstein, Deborah Thorne and Steffie Woolhandler, in the journal Health Affairs that made a very bold claim: Over 40 percent of all U.S. bankruptcies came as the result of medical...
July 19, 2020
The number of personal bankruptcy filings, one indicator of the American consumer’s financial health, fell to the lowest level in 15 years from April through June, according to the American Bankruptcy Institute (ABI). Total U.S. bankruptcy filings totaled 38,428 in April, down from 71,303 for the same month one year ago, a 46 percent drop. […]
