Post Profile

The Great Debt Unwind: Business Bankruptcies Soar 38%

For the first nine months of 2016, commercial bankruptcy filings jumped 28% compared to the same period in 2015, to 28,789. Most of those are not the bankruptcies we hear about in the financial media. Most of them are small businesses that go that painful route -- painful for their creditors too -- in the shadows of the hoopla on Wall Street. By comparison, just over 100 oil and gas companies in the US and Canada have gone bankrupt since the beginning of 2015.
read more


Related Posts

U.S. Courts: "Bankruptcy Filings Drop 10 Percent in Calendar Year 2015"

Business & Finance / Economics : CalculatedRisk

From the U.S. Courts: Bankruptcy Filings Drop 10 Percent in Calendar Year 2015 During the 12-month period ending December 31, 2015, 844,495 cases were filed in federal bankruptcy courts, down from the 936,795 bankruptcy cases filed ...

5 Tricks to Improve Your Credit Score in Just 6 Months

Technology / Internet : Make Use Of

At one point in the past year, I had a credit score in the 300 range. That’s beyond horrible. That’s a score you’d expect if you’d just filed bankruptcy. I’m not afraid to admit it, because in about six months I had boosted that sco...

Small Business Bankruptcies Continue to Drop

Business & Finance : The Mission Driven Business

A new report reveals a persistent decline in small business bankruptcies. Small business bankruptcies shrank by nearly 17% in the past three months, according to data-tracker Equifax's quarterly Small Business Bankruptcy Report. "We...

Small Business Bankruptcies Are Declining

Business & Finance : Business Entrepreneur Blog

A new Equifax’s Small Business Bankruptcy Report reveal that small business bankruptcies are down the second quarter of 2012 by 17% more  compared to the first quarter.  This is the fourth quarter in a row that showed decreasing sma...

The Great Debt Unwind: Business Bankruptcies Soar 38%

Business & Finance : Zero Hedge

Submitted by Wolf Richter via, Six years of Fed & Wall Street hype come home to roost Something funny happened on the way to the bank: In August, commercial and industrial loans outstanding at all banks in the US fell...


Copyright © 2016 Regator, LLC