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Expert says bankruptcy system in U.S. leads to inequality

Professor Melissa Jacoby argues in her new book that the bankruptcy system in the U.S. is increasing inequality, helping corporations and hurting some struggling families.
Here & Now's Deepa Fernandes speaks with Jacoby, author of “Unjust Debts: How Our Bankruptcy System Makes America More Unequal.” She’s a professor of law at the University of North Carolina at Chapel Hill.
Book excerpt: 'Unjust Debts'
By Melissa Jacoby
This segment aired on October 28, 2024.