STUDY: Poor Families Can't Even Afford Bankruptcy

There's really nothing more to say about a new study from Laura McCloud of Pacific Lutheran University and Rachel E. Dwyer of Ohio State, than this (from a review by the American Sociological Association, titled "Too Poor to Go Broke"):

"The authors claim that poor families are much less likely to seek debt relief through bankruptcy because they often cannot afford to pay the necessary legal fees."

Read the rest (preferably with a double Jack Daniel's and a case of Bud at the ready) HERE.