In the most recent fiscal year (ending September 30, 2023) bankruptcy filings have witnessed a noteworthy increase, marking a significant shift from the longstanding trend of decline. Business-related bankruptcies, in particular, have surged, highlighting a shift in the economic landscape. Overview of Bankruptcy Filings Statistics indicate a 13 percent escalation in overall bankruptcy filings during […]
Eighteen months into the COVID-19 pandemic, the only certainty moving forward is more change. Going into the first shutdown, most blue-collar people were terrified: furloughs, layoffs, and near-certain financial struggles were on the horizon. But, the government stepped in and doled out increased unemployment benefits, stimulus checks, and perhaps most importantly, an eviction moratorium that […]
With the expected spike in bankruptcies, now is the time to secure a spot with Legal Brand Marketing When was the last time we saw government aid programs as extensive as the ones put in place as a response to the COVID-19 pandemic – programs that are set to expire soon? Was it at the […]
Bankrupcy Wave in 2020 While the country shuts down in response to the Coronavirus pandemic, many individuals and businesses come face to face with financial uncertainty. With businesses shuttered, many have begun to fall into debt to stay afloat in order to save their business and livelihood. As many states have begun to reopen with […]