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After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Department of Justice projects a substantial increase in bankruptcy filings. Trustee Program has estimated that bankruptcy filings will double over the next three years.
Subscribe now Lessons to Be Learned Looked at from the perspective of somebody responsible for the management of a portfolio of accountsreceivable (AR), the events surrounding the SVB collapse present a cautionary tale. This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available.
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