Sunday, July 19, 2020

Federal Aid Has So Far Averted Personal Bankruptcies, but Trouble Looms



Once federal benefits dry up, highly indebted consumers could be forced to file. The United States went into the Great Lockdown with the most household debt in history, stagnant incomes for all but high earners and armies of people telling pollsters they were living paycheck to paycheck.

from Pocket https://www.nytimes.com/2020/07/17/business/personal-bankruptcies-coronavirus.html
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