Professor Bob Lawless was quoted in a Barron's article about mistakes that seniors can avoid when declaring bankruptcy. 

"Between 2013 and 2016, 1 in 8 bankruptcy filers in the U.S. was age 65 or older; during the same time period, 21% were age 55 to 64," said Lawless, who has co-authored research on the subject. "There’s been an overall trend toward older filers since the study was first conducted in 1991," he says.

The article then goes on to outline four of the most common mistakes seniors make when filing: not sufficiently exploring self-help options, haphazardly liquidating assets, taking on additional debt to pay the bills, and not seeking legal help. 

Read the full article at barrons.com.