“Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven't filed.”

Elizabeth Warren is an American politician and former law professor. A progressive Democrat, she has served as the senior United States senator from Massachusetts since 2013. In the Senate, Warren has focused on consumer protection, fair economic opportunity, and the social safety net. She also ran for the Democratic presidential nomination in 2020 and finished third, behind Joe Biden and Bernie Sanders.