Edgeworth Analytics experts Dr. George Korenko and Sushrut Jain published an article in Business Insider, entitled “American Households Are About to Get Hit by a Devastating Wave of Bankruptcies.”
In the article, Dr. Korenko and Mr. Jain discuss the wave of consumer bankruptcy filings that are to be expected in the coming weeks as a result of the unprecedented numbers in unemployment caused by the COVID-19 pandemic. The authors offer insight into the ways that lenders and Congress can help lessen the pain from these impending bankruptcies.
Read the full article on Business Insider here.