The boom in going bust

Over the past decade, record numbers of Americans have filed for bankruptcy. Banks and credit card companies sure noticed; last year, they convinced Congress to pass bankruptcy reform making it harder for people to walk away from their debts. But a bankruptcy judge named John Ninfo is proving that education can have as much impact as legislation. Chris Farrell reports.

About the author

Chris Farrell is the economics editor of Marketplace Money.

Comments

I agree to American Public Media's Terms and Conditions.
With Generous Support From...