Older Americans are filing for bankruptcy more than ever
(WorldNews Business)

More than ever before, financial woes are tarnishing their golden years. Despite an economic boom, Americans 65 and older are filing for bankruptcy in record numbers, and the trend is likely to continue, according to new research that warns that seniors are facing a financial crisis with `increasing force and urgency.` It`s a concern, some experts say, that hasn`t significantly hurt economic growth, but presents a serious social problem that has been getting worse for more than two decades as debt and medical costs go up, and seniors` savings and pension benefits go down. For elected officials and candidates now campaigning for office, the problem also raises public policy questions about...