While commercial bankruptcies were up over 140% year-over-year, individual bankruptcy filings also increased year-over-year, putting additional stress on the economy.
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A Sign of Things to Come? Commercial Bankruptcies Doubled YoY
Total bankruptcy filings increased in October on a yearly basis at a rate of 24%. Click through to read an analysis of the latest data. Could it prove an alarm bell for more widespread economic troubles ahead?
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