Health care costs spur senior bankruptcies

A recent study found medical expenses are a major contributing factor in bankruptcy filings among older Americans. The study, conducted by John Pottow of the University of Michigan Law School, revealed overall the elderly make up a relatively small percentage of those filing for bankruptcy; however, their numbers are growing at a startling rate.

http://www.seniormarketadvisor.com/Exclusives/2010/11/Pages/Healthcare-c...