Birdwatch Note Rating
2023-07-29 03:31:09 UTC - HELPFUL
Rated by Participant: EBDCB80B1EC4A9FB51C8A562377D72F9569692DEFFC8BC89098E1AC6E8D92423
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