Racial Disparities in Bankruptcy Filings
Attorneys may play a role in tracking clients toward different bankruptcy options based on race.
By Gwen Sharp, Sociological Images The New York Times recently reported the results of a study of racial disparities in bankruptcy filings. When filing personal bankruptcy, most people have two options: Chapter 7 and Chapter 13. With Chapter 7, you have to turn over all non-exempt assets, which will be used to pay off as much of your […]