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Podcast: DebtMatters Podcast
Episode: 98 - Top Reasons for Declaring Bankruptcy
Description: Most money problems are caused by events beyond our control. It’s a common misconception to think that people who are insolvent have spent their way into Bankruptcy. A job loss, illness, injury or marital breakdown can often be the last straw for someone in a precarious financial position.In today’s podcast, Derek Chase talks about Bankruptcy and the people who file, from a Licensed Insolvency Trustee perspective. He discusses:The demographics of who is filingThe most common factors that can lead to BankruptcySurface reasons versus underlying causes of insolvencyHow filing for Bankruptcy can free fund...