Remove 2012 Remove Bankruptcy Remove Credit Management
article thumbnail

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.

article thumbnail

Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

Readers of Your Virtual Credit Manager can now access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner aaccredit. Learn More About Credit Reports 5. This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available.