Bankruptcy Provides Relief for Rhode Island's Indebted Citizens
Bankruptcy Provides Relief for Rhode Island's Indebted Citizens
National debt relief company CareOne Services recently recognized Rhode Island as the state with the second most consumer debt per capita. According to Reuters, Rhode Island's average consumer debt of $20,130 is only $100 behind Delaware for the dubious honor of having the "most indebted citizens."
Large amounts of debt, of course, do not always indicate that someone was recklessly spending beyond his or her means. The recession led to millions of sudden layoffs, many properties are now secured ...