Credit: Kenishirotie/Adobe Stock US Bankruptcy Filings Rise 16.2% as Interest Rates, Inflation, and End of COVID Relief Hit Hard
"Two of the biggest factors—inflation and rising interest rates—are unlikely to shift rapidly, even if the new administration tries to address them," Scott A. Underwood, a founding partner at Underwood Murray, said in an interview.
November 07, 2024 at 06:38 PM
3 minute read
Bankruptcy
The Administrative Office of the U.S. Courts released a note Thursday sharing that personal and business bankruptcy filings rose 16.2% in the 12-month period ending Sept. 30, compared with the previous year.
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