The Rise of Personal Bankruptcy: A breakfast buffet meeting.
Organization:
Community Development Society
Category:
Conference/Convention
Geographical Area:
St. Louis
Start
Date:
10/24/2006
End Date:
10/24/2006
Start Time:
7:30am
End Time:
9:30am
Event
Info:
The number of Americans filing for bankruptcy has risen dramatically in the past 25 years. Most do so because of an unexpected shock to their incomes coupled with high levels of debt. Thomas A. Garrett, research officer at the Federal Reserve Bank of St. Louis, will discuss his study on the role other factors—such as availability of credit, bankruptcy laws and decreased consumer savings—play in making Americans even more susceptible to bankruptcy. Garrett also will present detailed statistics for counties in the Fed’s Eighth District.
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