A study conducted by the Administrative Office of the Federal Court system reports that middle aged people (over the age of 45, but younger than 61) are increasingly accounting for a majority of the consumer bankruptcy filings. In 2007 middle aged people accounted for 50% of the filings and recent statistics shows similar results. The study looked back to 1994 and included filings in Chapter 7 and 13. See the link.
We are a debt relief agency. We help file for bankruptcy relief under the Bankruptcy Code.