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Chapter 11 Bankruptcies up 62%

Good post at creditslips.org about the under-reported Chapter 11 bankruptcies.  In 2007, there were 6,200 of these rising to more than 10,000 in 2008.  While the media has focused on the Circuit City bankruptcies, the greater number of them are filed by small businesses.

Chapter 11s Rise 62% in 2008

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This entry was posted on January 14, 2009 at 2:42 pm and is filed under Bankruptcy Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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