What is the typical debtor profile?
People from all walks of life and ages file bankruptcy for various reasons. About 44% of bankruptcy filers are couples; 30% are women filing alone; 26% are men filing alone. Persons who file bankruptcy are slightly better educated than the general population. Two out of three people who file have lost a job; half the people who file have suffered severe health problems. Over 91% of those who file have suffered a job loss, medical event, or divorce. Indiana is the second highest bankruptcy filing state per capita in the country behind Ohio.
