{"id":10152,"date":"2026-11-13T11:13:53","date_gmt":"2026-11-13T19:13:53","guid":{"rendered":"https:\/\/www.blackhistoryinthebible.com\/community\/americans-are-going-broke-record-19-trillion-debt-rising-bankruptcies\/"},"modified":"2026-11-13T11:13:53","modified_gmt":"2026-11-13T19:13:53","slug":"americans-are-going-broke-record-19-trillion-debt-rising-bankruptcies","status":"publish","type":"post","link":"https:\/\/www.blackhistoryinthebible.com\/community\/americans-are-going-broke-record-19-trillion-debt-rising-bankruptcies\/","title":{"rendered":"Americans Are Going Broke: Record $19 Trillion Debt &amp; Rising Bankruptcies"},"content":{"rendered":"<p> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/0Bt5kgxofZ8\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>Americans now owe a record $19.1 trillion. Credit card debt just hit an all-time high of $1.29 trillion. More than half a million people filed for bankruptcy last year \u2014 and filings are still climbing. With prices still rising and the Fed possibly raising rates in December, are Americans going broke?<\/p>\n<p>Today we break down the latest New York Fed data, who&#8217;s falling behind (and why it&#8217;s hitting low-income families and seniors hardest), the bankruptcy surge across the South, and what a December rate hike could mean for your wallet. Plus: practical steps if you&#8217;re struggling with debt.<\/p>\n<p>In this live stream:<br \/>\n\u2022 Record household and credit card debt<br \/>\n\u2022 Who&#8217;s falling behind \u2014 and where<br \/>\n\u2022 The bankruptcy wave: 50% higher than 2022<br \/>\n\u2022 Why prices are still squeezing families<br \/>\n\u2022 Will the Fed raise rates in December?<br \/>\n\u2022 What to do if you&#8217;re drowning in debt<\/p>\n<p>Tell us in the chat: Are you better or worse off than a year ago?<\/p>\n<p>\ud83d\udc4d Like, subscribe and turn on notifications for more live breakdowns of the economy.<\/p>\n<p>Disclaimer: This stream is for information and discussion, not financial or legal advice.<\/p>\n<p>Sources: Federal Reserve Bank of New York, Bureau of Labor Statistics, U.S. Courts, NPR, Reuters, CME FedWatch.<\/p>\n<p>#Debt #Economy #Inflation<\/p>\n<p>Want to create live streams like this? Check out StreamYard: https:\/\/streamyard.com\/pal\/d\/5759717953503232<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Americans now owe a record $19.1 trillion. Credit card debt just hit an all-time high of $1.29 trillion.<\/p>\n","protected":false},"author":1,"featured_media":10153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[67],"tags":[],"class_list":["post-10152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lisa-cabrera"],"jetpack_featured_media_url":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-content\/uploads\/2026\/11\/hqdefault-151.jpg","_links":{"self":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts\/10152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/comments?post=10152"}],"version-history":[{"count":0,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts\/10152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/media\/10153"}],"wp:attachment":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/media?parent=10152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/categories?post=10152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/tags?post=10152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}