US Mom-and-Pop Business Bankruptcies Rise Amid Ongoing Financial Stress

Date:

A person arrives at the U.S. Bankruptcy Court for the Southern District of New York in New York City, on Jan. 9, 2020. Brendan McDermid/ReutersU.S. small business bankruptcies rose in November as mom-and-pop shops faced “ongoing financial stress,” according to data from bankruptcy filing platform Epiq AACER.Last month, small business filings under Chapter 11’s Subchapter V climbed to 223, a 23 percent increase from the 182 filings registered in November 2024.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Tariffs on Chinese Display Technology Could Cut US Military Dependence: Policy Group

A cadet works at a large computer display inside...

US Single-Family Housing Starts Reach 13-Month High in March

Construction workers build homes at a new housing development...

US Jobless Claims Sink to Lowest Level Since 1969

A 'Now Hiring' sign in the window of a...

US Economy Rebounds With 2 Percent Growth in 1st Quarter

Traffic moves past a gas station in Los Angeles,...