Oct. 24, 2006 • 7:30 a.m. to 9:30 a.m.
Hilton St. Louis at the Ballpark, One South Broadway, St. Louis, Mo.
The number of Americans filing for bankruptcy has risen dramatically in the past 25 years. The most common cause is an unexpected shock to their incomes, such as job loss, medical bills or divorce. Thomas A. Garrett, research officer at the Federal Reserve Bank of St. Louis, will present his study on the role other factors—such as availability of credit and bankruptcy laws—play in making Americans even more susceptible to bankruptcy.
The study includes filing statistics in counties in the Federal Reserve’s Eighth District. |