A Harvard University study in 2005 also revealed that approximately 50 percent of bankruptcies filed were due in part to large medical expenses.
These include criminal records, bankruptcies, and judgment and tax lien databases.
It is known that when the number of unemployed workers increases, the number of personal bankruptcies also increases as shown by the following statistics.
Applicants with recent bankruptcies may be eligible for FHA mortgages.
Bankruptcies and judgments will drop off after seven to ten years.