Birdwatch Note Rating
2023-07-28 22:31:05 UTC - HELPFUL
Rated by Participant: B6B6625BC9E5E7753A723787520D6DFB26F84176B599FCA8FDB14A8F7E0FFBB1
Participant Details
Original Note:
While many Americans may find a sudden $400 expense challenging, it doesn't equate to bankruptcy. Financial strain differs from bankruptcy, a legal state of unrecoverable debt, which is a far more severe condition. https://www.cnbc.com/2019/05/23/millions-of-americans-are-only-400-away-from-financial-hardship.html https://www.federalreserve.gov/publications/2021-economic-well-being-of-us-households-in-2020-dealing-with-unexpected-expenses.htm
All Note Details