Introduction
A recent survey conducted by financial services firm JG Wentworth has identified the escalating cost of living and recent tariff policies as primary drivers pushing American households toward bankruptcy. The poll, conducted in February 2026 and surveying 1,421 U.S. adults, found that these two factors are cited by a near-majority of individuals who have filed for personal bankruptcy protection. The findings arrive alongside federal court data showing a marked increase in overall filings, signaling deepening financial distress among consumers.
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