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United States Bankruptcies

This is a syndicated repost courtesy of Trading Economics. To view original, click here. Reposted with permission.

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source: tradingeconomics.com

Bankruptcies in the United States decreased to 22391 Companies in the third quarter of 2020 from 22482 Companies in the second quarter of 2020. Bankruptcies in the United States averaged 43772.28 Companies from 1980 until 2020, reaching an all time high of 82446 Companies in the fourth quarter of 1987 and a record low of 19695 Companies in the fourth quarter of 2006. In the United States, bankruptcy is a legal procedure for dealing with debt problems of individuals and businesses; specifically, a case filed under one of the chapters of title 11 of the United States Code (the Bankruptcy Code). This page provides – United States Bankruptcies – actual values, historical data, forecast, chart, statistics, economic calendar and news.

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