Subtle Form of Implicit Bias?: Study Finds Black Americans Are More Likely to Have Their Bankruptcy Filing Dismissed or Steered Toward Filing Chapter 13 Over Chapter 7
African-Americans are as much as 28 percent more likely to be dismissed from bankruptcy proceedings than non-Black bankruptcy filers, contributing to the widening wealth gap existing in the U.S., experts are reporting. A bankruptcy dismissal closes your bankruptcy case, which means loss of protection of the automatic stay (the order that prohibits creditors from collecting debts)….
