Extra Credit

Chapter 11 Bankruptcies Are Up 70% Annually

February 24, 2023 NACM Episode 46
Chapter 11 Bankruptcies Are Up 70% Annually
Extra Credit
More Info
Extra Credit
Chapter 11 Bankruptcies Are Up 70% Annually
Feb 24, 2023 Episode 46
NACM

Bankruptcy courts are getting busy as more large companies have filed for bankruptcy last month than in any January since 2010. Total commercial filings increased 12% year-over-year, Subchapter V filings are up 49% and commercial Chapter 11 filings increased 70% … and insolvencies are only expected to pick up with a vengeance as we head further into 2023. Hear from the experts about the best bankruptcy risk mitigation tools! 

Show Notes

Bankruptcy courts are getting busy as more large companies have filed for bankruptcy last month than in any January since 2010. Total commercial filings increased 12% year-over-year, Subchapter V filings are up 49% and commercial Chapter 11 filings increased 70% … and insolvencies are only expected to pick up with a vengeance as we head further into 2023. Hear from the experts about the best bankruptcy risk mitigation tools!