Sign Up
Stories
Rising Bankruptcy Trends Reshape Strategies
Share
BIGBEN Interactive Achieves Sales Growth
CEO Exodus Amidst Challenges
Deciphering Financial Health Through Ana...
2024: Year of Insolvency Predictions
Corporate Defaults: Gradual Wave or Dela...
Debt Restructuring Agreement with EIB
Overview
API
Bankruptcy filings in the U.S. have surged by 17 to 18% in 2023 compared to the previous year, indicating a rising trend despite the overall low figures. The increase in bankruptcies challenges the traditional view of bankruptcy as a failure, portraying it as a strategic move for businesses. This trend could signify a shift in how businesses approach financial challenges.
Ask a question
How might the increasing bankruptcy filings reshape the perception of financial distress in the business world?
In what ways could the evolving views on bankruptcy impact the overall economic landscape and business practices?
What factors might be driving small business owners to choose bankruptcy as a strategic option over closure?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Dec 2023
Jan 2024
Feb 2024
Coverage