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Top 5 Reasons for Bankruptcy

Medical Reasons Cited As Number One Reason For Bankruptcy Filing

According to a February 2005 Study in Health Affairs, the top five reasons for filing bankruptcy are:

1. Illness or Injury
2. Birth /addition of new family member
3. Death
4. Drugs or Alcohol problem
5. Gambling

Source: USA Today, April 5, 2005

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