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

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom speaks at a press conference...

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...

How Professionals Trade: Protecting Capital Before Chasing Returns

Commentary“It’s different this time.” Few phrases have cost investors...