Nearly a quarter of bankruptcies in January and February were people over 60 years old.
Of the 1,727 people who filed for bankruptcy in the Seoul Central District Court, 24.8 percent were 60 or older, roughly the same proportion as the 28.2 percent in their 40s.
The biggest proportion was 50-somet… …read more
Source:: Chosun Ilbo
Hundreds of Senior Citizens Go Bankrupt
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