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Bankruptcy in America: Tracking Commercial and Personal Filings by State

Reed Allmand 1 year ago

“Since the start of the coronavirus, personal bankruptcies have declined in most states compared to prior periods. Court closures have artificially slowed bankruptcy proceedings. Financial relief for businesses and individuals through the coronavirus relief bill, which delivered direct payments to individuals and Paycheck Protection Program loans to help businesses pay employee wages, has temporarily offset losses.

That does not mean Americans are out of the woods financially…”

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