EconomyPersonal Finance
Personal Bankruptcy Filings Jump 48% as Pressures Mount
Personal bankruptcy filings surged 48% from 2022 to 2025 as credit card debt and medical costs drive more Americans into financial distress.
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Personal bankruptcy filings surged 48% from 2022 to 2025 as credit card debt and medical costs drive more Americans into financial distress.
Urban Institute study finds 1 in 4 working-age Americans using credit cards for groceries can't pay their bills, as food prices rise 32% over five years.