I interviewed 48 bankrupt Americans – here's who they blame for their financial troubles

Preventing home foreclosure is one reason middle-class people may declare Chapter 13 personal bankruptcy. fstop123/E+ via Getty Images The people arrested in connection with the Jan. 6 Capitol insurrection had an 18% bankruptcy rate – twice as high as the national average – according to a Washington Post investigation. A quarter of the rioters had been sued by a creditor, and 1 in 5 faced losing their home to foreclosure. As a scholar of American political economy who focuses on middle-class economic precarity, I found this discovery unsurprising. Since 2017 I have interviewed 48 Americans goi…

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HEDGE accordingly