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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

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.

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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available. Commercial bankruptcies have only started to slowly tick up the past six months after 18 months of record lows. That’s why deposits at the bank were shrinking after growing by 86 percent in 2021.

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Lendio’s List of Recession-Resistant Businesses: 2023 Update

Lendio

Discount retail is the only industry to appear twice on the list of the top 10 S&P 500 stock performances from 2008 , a.k.a., During the 2008 recession, Walmart’s stock grew 20% and Dollar General’s increased 60%. It’s not just stock prices either—in 2008, Dollar General’s sales increased 9%. Bankruptcy Lawyers.

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European companies should expect higher DSO in 2024

Onguard

According to European Commission data , one in four bankruptcies occur due to late payments of invoices. Allianz study – Key findings Global DSO grew by +3 days to 59 days in 2023, the biggest jump since 2008, with 1 in 5 corporations globally paying their suppliers after 90 days.

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Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. In 2008, the Great Recession put millions of Americans into the gutter. And by 2008, home prices plunged by 20 percent. Lastly, the unemployment rate is still a far cry from the labor market conditions in 2008-2009. By 2007, lenders had 1.3

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Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. In 2008, the Great Recession put millions of Americans into the gutter. And by 2008, home prices plunged by 20 percent. Lastly, the unemployment rate is still a far cry from the labor market conditions in 2008-2009. By 2007, lenders had 1.3

article thumbnail

Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. In 2008, the Great Recession put millions of Americans into the gutter. And by 2008, home prices plunged by 20 percent. Lastly, the unemployment rate is still a far cry from the labor market conditions in 2008-2009. By 2007, lenders had 1.3