Bankruptcy Breakdown: Commercial, Individual Bankruptcies Up in First Half of Year
Appraisal Buzz
JULY 3, 2024
In a dramatic turn for the U.S. economy, commercial bankruptcies have soared in the first half of 2024, marking a significant increase from the previous year. According to data released by Epiq AACER, a provider of bankruptcy filing data, a total of 3,016 commercial chapter 11 bankruptcies were filed in the first six months of 2024. This figure represents a striking 34% rise compared to the 2,247 filings recorded during the same period in 2023.
Let's personalize your content