Bankruptcies are skyrocketing across the economy, impacting small businesses and households. Few industries are immune.
Bankruptcies in the United States are on the rise.doockie/gettyimages From corporate giants to mom-and-pop stores, bankruptcies are piling up across the United States this year. Large business bankruptcies have reached their highest level in 15 years. “Bankruptcies seem to be everywhere,” said one veteran bankruptcy attorney. Bankruptcies are not just increasing: they are suddenly everywhere….