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

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

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

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