filing for bankruptcy
As per their bankruptcy questionnaire which surveyed over 17,000 Americans in the last year, financial start-up Upsolve found that Black women filed for personal bankruptcies due to the COVID-19 pandemic at a far more distressing rate when in comparison to Black men, white women, and white men.
(LATimes.com) Small-business owners Constance and Ron Smith of Carson are running out of options. Battered by the recession, their business selling an anti-slip spray for tires is behind on lease payments. Their warehouse forklift has been repossessed. And their nerves are frayed. The Smiths, who are passionate about their product, have drained their retirement account, […]