AAFR: Skyrocketing Senior Citizen Bankruptcies "A National Disgrace"
Summary
AAFR, the American Association of Future Retirees, has branded the trend "a national disgrace" and called upon legislators to deal decisively with its root causes.In a statement released yesterday, AAFR called for measures to protect Social Security, make Medicare coverage more comprehensive, and roll back recent legislation, which was heavily lobbied for by the credit industry, which makes it more difficult to discharge debts through bankruptcy." AAFR, the American Association of Future Retirees, is a non-profit organization dedicated to advocacy and education for those expecting to retire over the next few decades.* Increasing health care and prescription drug costs are only partially covered by Medicare.In a statement released yesterday, AAFR called for measures to protect Social Security, make Medicare coverage more comprehensive, and roll back recent legislation, which was heavily lobbied for by the credit industry, which makes it more difficult to discharge debts through bankruptcy."AAFR, the American Association of Future Retirees, is a non-profit organization dedicated to advocacy and education for those expecting to retire over the next few decades.