Business bankruptcies up 23% in March

“The number of businesses seeking bankruptcy protection hit its highest level in more than two years in March, as the recession sends   more companies into financial crisis.

The 7,843 commercial bankruptcy filings last month represent a 23.2% jump from the 6,365 filings in February. It’s also the highest monthly total of business filings since at least 2006, according to Automated Access to Court Electronic Records, or AACER.”

More here

Advertisements

Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: