Posts Tagged ‘business bankruptcy’

Business bankruptcies up 23% in March

April 7, 2009

“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.”

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