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The fastest growing group of people filing for bankruptcy are those under the age of 25.

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Q: What is the fastest growing group of people filing for bankruptcy?
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Is it true people who are retired are the fastest-growing group to bankrupt?

True


How much debt should one have before filing for bankruptcy?

It would depend on the person as to how much debt one would have to have before filing for bankruptcy. Some people can have more debt than others and be ok with it, while others would feel the need to file.


Can you file bankruptcy on a title loan when you don't owe money on it?

In the US, at least, you don't file bankruptcy against specific loans, you file bankruptcy in general. You do have to list all your assets and debts as a part of the filing. So, technically the answer is "no", but ignoring that for a moment, why on Earth would you want to do such a ridiculous thing as spend filing and attorney's fees on a debt you don't owe any money on? However, the fact that you have a loan you don't owe anything on (most people do) doesn't stop you from filing bankruptcy.


What resources are out there to help get people out of debt?

There are several resources to help get people out of debt. Some of these include: talking to a credit counsellor, creating a consumer proposal with one's creditor, and filing for a personal bankruptcy.


Will filing for bankruptcy affect you as an insurance agent?

It shouldn't. Many people in all different professions have filed bankruptcy, including lawyers, physicians, teachers, etc., which should have no bearing as to what line of work that person is in. Although, when applying for employment with some companies, they do ask if you have ever filed bankruptcy. But, that should still be irrelevant as to whether or not they choose you for the position.

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Is it true people who are retired are the fastest-growing group to bankrupt?

True


How much debt should one have before filing for bankruptcy?

It would depend on the person as to how much debt one would have to have before filing for bankruptcy. Some people can have more debt than others and be ok with it, while others would feel the need to file.


What is the fastest growing part of the work force in the United States?

Young People


Can you file bankruptcy on a title loan when you don't owe money on it?

In the US, at least, you don't file bankruptcy against specific loans, you file bankruptcy in general. You do have to list all your assets and debts as a part of the filing. So, technically the answer is "no", but ignoring that for a moment, why on Earth would you want to do such a ridiculous thing as spend filing and attorney's fees on a debt you don't owe any money on? However, the fact that you have a loan you don't owe anything on (most people do) doesn't stop you from filing bankruptcy.


What is the fastest growing edible plant?

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Who are some of Islam's followers today?

One billion people and still growing... second largest and fastest growing religon


What is the fastest growing hobby for ages 25-52?

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The fastest growing segment of the population in North America consists of people?

Over 85


What is the bankruptcy power?

filing bankruptcy is a powerful legal way for the people who are in a very worst financial conditions.It gives them the relief from the creditors harassment.its also provide the advantages like stop foreclosure and automatic stay.