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Business Bankruptcies Soar in August as Rising Interest Rates Bite

  • Financial Services


Business failures have seen a significant surge in recent months, particularly in August. According to data from Epiq Bankruptcy, commercial bankruptcies rose by a staggering 17% in August from July. This rise marks a year-long trend, with the American Bankruptcy Institute noting increases in total bankruptcies for 13 consecutive months. Dive into this detailed analysis to understand the changing landscape of business solvency.

Read the full article here.

Carrie Trent
Epiq, Director of Communications & Public Relations