bankruptcy

May 19, 2020

Fed Warns of Widespread Business Failures

Federal Reserve officials warned the virus outbreak and a partial shutdown of the U.S. economy would result in a decline in the current quarter of historic […]
December 10, 2019

Household Debt Spikes to Record $14 trillion

U.S. household debt rose to a record $14 trillion in the third quarter, led by an increase in mortgage loans, according to the Federal Reserve Bank […]
May 7, 2018

Auto Loan Delinquencies Drive Higher

Auto loans to customers with subprime credit ratings (FICO scores below 620) are risky affairs. During good times and endless cheap money, the high interest rates […]
May 2, 2018

Chapter 11 Bankruptcies are Up 63%

New Chapter 11 bankruptcies in the US spiked 63% year-over-year in March to 770 filings, the highest number of filings for any month since April 2011 […]
March 26, 2018

Retail Property Loans are Trouble Spot

While delinquency rates for commercial mortgage-backed securities were mostly flat to declining in February compared with January, the troubled retail sector is still a sore spot.  […]
April 25, 2016

March Bankruptcy Filings Show Decline from 2015

Total U.S. bankruptcy filings continue to decline year-over-year, falling 5% in the first calendar quarter (Jan. 1 – March 31) of 2016 from the same period […]
March 10, 2016

Consumer Bankruptcy Filings Down; Commercial Filings Up

Total U.S. bankruptcy filings decreased just 1% in February from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled […]
February 9, 2016

Bankruptcy Filings Decline Again

U.S. bankruptcy filings reached 52,522 in January, 11% lower than 59,092 filings in January 2015, according to the American Bankruptcy Institute.  There were an average of […]