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Tag Archives: Illinois Gray Bankruptcy


The Gray Bankruptcy Phenomenon In Illinois

By Jessica Holguin |

Overall, the number of bankruptcy filings has declined dramatically since 2005. That was the year bankers convinced lawmakers to tighten the bankruptcy rules. But among debtors over 65, the filing rate has tripled since 1991. Here in Illinois, older people usually have substantially more assets than younger filers. So, these bankruptcies require a different… Read More »

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