Monthly Archives: April 2026

Special Issues in Gray Bankruptcies

The combination of a longer lifespan and rising medical expenses has caused gray bankruptcies (the debtor is over 60) to rise 70 percent since the 1990s. Most 70-year-olds can now expect to live another ten or fifteen years. Their financial assets often cannot last that long. Furthermore, even if a person has Medicare, chronic… Read More »