https://www.law.com/dailybusinessreview/2023/08/01/bankruptcy-filings-rise-10-and-local-courts-are-feeling-the-pinch/
Credit: Thanyalak/Adobe StockAttorney Glenn Moses attributes the uptick to “…a more conservative approach by banks in their lending practices – causing liquidity issues for business which often results in a bankruptcy filing.”
August 01, 2023 at 11:38 AM
3 minute read
Federal court data show a double-digit uptick in bankruptcy filings, and the ripple effect is being felt in South Florida.
In a report issued July 31, personal and business bankruptcy filings rose 10 percent in the twelve-month period ending June 30, 2023, compared with the previous year.
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