Commercial bankruptcy Filings up 7% This Month
The wall street journal reports that business bankruptcies are up 7% from last months statistics. This is more troubling because those statistics have been steadily dropping for the last several months, as the economy is thought to have been on the upswing.
A stunning total of 7,771 businesses made bankruptcy filings this past October. While this means the economy may still not be at its best, it does further emphasize the benefits of achieving bankruptcy protection.
Similarly, personal bankruptcies are still higher than they’re been in the past several years, which means individuals are still suffering from the effects of a drooping economy.
Have your debts gotten out of control? Do you need some relief and a chance at a fresh financial beginning? The attorneys of Macey & Aleman have the solution to your troubles. Call 800-260-1402 for a free bankruptcy filing evaluation today.
Subscribe to this comment's feed
