Record Numbers of Seniors Are Declaring Bankruptcy. Here’s What You Can Do About It.
Did you know the rate of people 65 and older filing for bankruptcy is three times what it was in 1991?
The New York Times recently shared data on the big increase in bankruptcy filings by older Americans. Seniors face higher out-of-pocket spending on health care and growing medical expenses. Click here to read the entire New York Times article.
One possible option for seniors facing economic uncertainty is to sell their life insurance policy. If you want to learn more about this option, Coventry Direct can help right now. Contact us to find out if you qualify.