Extra Credit

Subchapter V Bankruptcy Becoming More Common

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

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.