Extra Credit

Subchapter V Bankruptcy Becoming More Common

September 08, 2023 NACM Episode 74
Subchapter V Bankruptcy Becoming More Common
Extra Credit
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Extra Credit
Subchapter V Bankruptcy Becoming More Common
Sep 08, 2023 Episode 74
NACM

Subchapter V small business bankruptcies are up 43% year-over-year in August, the 13th consecutive month of increase. This upward trend is likely to continue through the rest of the year and beyond. The pros and cons of Subchapter V bankruptcy is a matter of perspective. 

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Subchapter V small business bankruptcies are up 43% year-over-year in August, the 13th consecutive month of increase. This upward trend is likely to continue through the rest of the year and beyond. The pros and cons of Subchapter V bankruptcy is a matter of perspective.