Bankruptcy News | Today's Latest Stories | Reuters
Nov 18, 2024 · Intrum files for bankruptcy in US to restructure $4.5 billion debt pile. Business ·November 15, 2024. Sterilization company Cosmed Group Inc. has filed for bankruptcy …
US bankruptcies surged 18% in 2023 and seen rising again in 2024 ...
Jan 3, 2024 · U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, data …
Personal bankruptcies are on the rise. When does it make ... - CBS News
4 days ago · Personal bankruptcy filings averaged about 750,000 a year before COVID-19, but dropped off a cliff during the pandemic, thanks to government aid.
More U.S. companies have gone bankrupt in 2023 so far than all …
Sep 13, 2023 · There have been more U.S. corporate bankruptcies so far in 2023 than in all of 2022 or 2021, as companies continue to struggle with high interest rates and a tight labor …
Bankruptcy Filings Rise 13 Percent | United States Courts
Oct 26, 2023 · Total bankruptcy filings rose 13 percent, and business bankruptcies rose nearly 30 percent, in the twelve-month period ending Sept. 30, 2023. This continues a moderate …
Northvolt CEO steps down following bankruptcy filing
2 days ago · From ESS News. Peter Carlsson has resigned as CEO of Swedish battery maker Northvolt, one day after the business filed for Chapter 11 bankruptcy protection in the United …
US bankruptcies hit 13-year peak in 2023; 50 new filings in …
Jan 9, 2024 · Seven industrials companies and seven consumer discretionary companies filed for bankruptcy over the month, followed by six filings among information technology companies …
States confront medical debt that's bankrupting millions | AP News
Apr 13, 2023 · Lawmakers in over a dozen states and the U.S. Congress are tackling medical debt, which has become a leading cause of personal bankruptcy. The Kaiser Family …
Bankruptcy Statistics - ABI
Bankruptcy filings including all chapters totaled 42,532, a 14% increase from the September 2023 total of 37,360. Commercial chapter 11 filings increased 26 percent to 734 in September 2024 …
US Bankruptcy Tracker: Distress Cracks $200 Billion After Slump
Apr 2, 2024 · Just one large company filed for bankruptcy in the US last week while the pile of distressed corporate debt exceeded $200 billion after two weeks below that threshold, …
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