“While still below pre-pandemic totals, bankruptcy filings continue to increase amid growing debt loads due to inflationary pressures and reduced availability of low-cost financing,” said ABI Executive Director Amy Quackenboss.
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YoY Bankruptcy Filings Increase for Second Straight Month
According to Epiq Bankruptcy's latest market analysis, the total number of filings increased an overall 7% in September, while commercial Chapter 11 filings increased nearly 80% over the last year.
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