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The Bankruptcy Tsunami Remains Offshore

The Bankruptcy Tsunami Remains Offshore

Bankruptcy filings, both for businesses and consumers, were in a steady decline since 2010 and leading to the COVID-19 pandemic. Then when the pandemic hit, many Courts imposed moratoria on foreclosures and evictions, thus eliminating the reason many businesses and individuals file for bankruptcy protection. Additionally, PPP loans and stimulus funds were made available by … Read more