Bankruptcy News | Today's Latest Stories | Reuters
6 days ago · Intrum files for bankruptcy in US to restructure $4.5 billion debt pile. Business ·November 15, 2024. Sterilization company Cosmed Group Inc. has filed for bankruptcy protection after being...
US bankruptcies surged 18% in 2023 and seen rising again in 2024 ...
Jan 3, 2024 · U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, data published Wednesday...
Intrum files for bankruptcy in US to restructure $4.5 billion debt pile
Nov 15 (Reuters) - Intrum (INTRUM.ST), Europe's biggest debt collector, on Friday said it had filed for Chapter 11 bankruptcy in the United States in a bid to restructure its debt. The company has ...
Bankruptcies Rise 16 Percent Over Previous Year - United States Courts
Apr 25, 2024 · Bankruptcy filings rose 16 percent during the 12-month period ending March 31, 2024. That is a similar rate of acceleration as in the Dec. 31, 2023, quarterly report, but new bankruptcy cases remain significantly lower than before the start of …
Bankruptcy Filings Rise 16.8 Percent | United States Courts
Jan 26, 2024 · Total bankruptcy filings rose 16.8 percent, with significant increases in both business and non-business bankruptcies, in the twelve-month period ending Dec. 31, 2023. This accelerates a continuing rebound in filings after more than a decade of sharply dropping totals.
US bankruptcies hit 13-year peak in 2023; 50 new filings in …
Jan 9, 2024 · US corporate bankruptcy filings rose again in December 2023, closing out a year with the most filings since 2010. S&P Global Market Intelligence recorded 50 bankruptcy filings in the month.
Bankruptcies were up this year, in spite of the U.S.'s improving ...
Dec 29, 2023 · Corporate bankruptcies were up in 2023, reaching one of the highest levels in the past decade. Rising interest rates, high debt loads and inflation pushed a growing number of firms to the brink....
States confront medical debt that's bankrupting millions | AP News
Apr 13, 2023 · Lawmakers in over a dozen states and the U.S. Congress are tackling medical debt, which has become a leading cause of personal bankruptcy. The Kaiser Family Foundation reports an estimated 100 million Americans have amassed nearly $200 billion in collective medical debt — almost the size of Greece’s economy.
Bankruptcy | AP News
A U.S. bankruptcy judge has approved the sale of the majority of Express Inc.’s operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores.
Bankruptcy Statistics - ABI
To follow the market trends with us, get on-demand access to Bankruptcy Analytics, providing daily metrics on new filings, open cases, closed cases and key case stakeholder. Create an account today. Total Bankruptcy Filings Increase 14 Percent In …
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