Bankruptcy Filings Surge 13 Percent: A Closer Look at the Latest Data
Written on:November 19, 2023
The latest data released by the Administrative Office of the U.S. Courts reveals a concerning trend in bankruptcy filings, indicating a 13 percent increase in total filings and a staggering 30 percent rise in business bankruptcies for the twelve-month period ending September 30, 2023. This follows a decade-long decline in bankruptcy numbers and reflects a significant shift in economic dynamics. In this article, we delve into the key findings and…
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