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Increase in Bankruptcies and More Expected

1/25/2017

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According to Bankruptcy Data’s Quarterly & Annual Report on Business Bankruptcy Filings, there was a 26% increases in bankruptcies during the 2016 year in comparison to 2015.  Energy -related businesses and service related industries seemed to struggle with five large energy businesses filing and the largest percentage of filings coming from the service industry. Predictions expect the trend to continue in 2017 with bankruptcies in varying industries.

Find out more at www.benzinga.com/pressreleases/17/01/p8931619/bankruptcy-data-releases-its-q4-2016-report-of-business-bankruptcy-fili
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