Middle-Aged Americans Are Filing for Bankruptcy at the Highest Rate Since 2017 — Debt, Inflation and Soaring Gas Prices Are Piling on the Pressure
Americans aged 40 to 59 now account for nearly half of all new consumer bankruptcies, the largest share for that age bracket since 2017, as middle-aged households buckle under debt and rising costs. Middle-Aged Americans Lead the Rise Consumers aged 40-49 made up 26.8% of new bankruptcies, the highest share for that ag