It's often thought that bankruptcy is an appropriate option for Mississippi families struggling with overwhelming debts. While this is indeed frequently the case, there are many more types of people who can benefit from the debt relief provided via personal bankruptcy. One such group is senior citizens. According to recently-released information from the Consumer Financial Protection Bureau, older Americans are increasingly troubled by both debt and debt collectors.
Per the CFPB, seniors make more complaints regarding debt collectors than they do about any other service or product. Between last year and this year, many of the submitted complaints focused on debt collectors who attempted to collect from the wrong person, collectors who used harassment or intimidation, to the complete lack of important information about the debt itself.