2021-01-05 | bankruptcy
... ses afloat,” said Chris Kruse, senior vice president of Epiq AACER. “The second stimulus package totaling over $900 billion is getting capital into the market and delaying bankruptcy filings across the country.” Chapter 13 non-commercial filings in December decreased 46% in 2020 with 147,144 filings, down from 272,420 filings for all of 2019. Chapter 7 non-commercial filings were down 22% in 2020 with 348,428 new filings, down from 444,931 for all of 2019. These two categories are a bellwether for the U.S. consumer market as they are a trailing economic indicator of the overall streng...
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