2024 Bankruptcy Business Bankruptcy 
Your Virtual Credit Manager
JANUARY 14, 2025
The United States has witnessed a significant surge in corporate bankruptcies, reaching a 14-year high in 2024. Business bankruptcy filings increased by 33.5% during the 12-month period ending September 30, 2024. If you are selling public companies, a single bankruptcy can have a huge impact on your firm.
Trade Credit & Liquidity Management
APRIL 2, 2025
(Photo by Dan Dimmock on Unsplash ) The study also highlights the broader economic implications, such as rising bankruptcy filings and the vulnerability of specific industries. Bad Debt Risks Over half (52%) of businesses lose less than 5% of their annual revenue to bad debt, but 32% report losses between 5% and 30%.
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