The Impact Of Bankruptcy On Middle-Class Family After The Great Recession

After the Great Recession, there were one and a half people who declared bankruptcy, there were over 20 million people who did not have jobs or not making enough to make ends meet, nearly three million people were given foreclosure notices, and many people were on food stamps. It had a large impact on the middle-class families because they never had to worry about making sure they were going to make ends meet but they were on their toes. The low class was used to struggling, it was just a new level of struggle. Couples cohabitated more than they got married. The percentage of people eighteen and up being married dropped from 57 to 51 in ten years. The birth numbers declined by 200,000, many couples did not have children because of the