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"bankruptcies" tag

Consumers and Businesses Buckle under their Debts

Commercial Chapter 11 bankruptcies – an effort to restructure the business, rather than liquidating it – jumped 16% year-over-year in June to 581 filings across the US. Total commercial bankruptcies of all types, by large...

German insolvencies and liabilities increase

Statisticians have warned the number of both corporate and household insolvencies is on the rise again in Germany. But an independent study by an insurance group shows neighboring France has been doing even worse. Over...