The Surprising Truth About Rising Bankruptcies

ABOUT THE EPISODE Personal bankruptcies are rising in the U.S., but that doesn't necessarily mean the economy is in trouble.

Sasha Indarte, Wharton Associate Professor, explains why consumer bankruptcy filings are increasing, why bankruptcy isn't always a sign of economic weakness, and how people decide when it's time to seek a financial fresh start.

The conversation explores bankruptcy stigma, credit scores, the costs and complexities of filing, Chapter 7 versus Chapter 13, and why bankruptcy can function as an economic safety valve.

ABOUT THE PODCAST This Week in Business features interviews with Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School and published twice per week.

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