A generation of young adults who came of age during the Great Recession — in what was then the worst economy and job market since the Depression — are now finding that their wobbly recession-era start is compounding the financial woes the pandemic is inflicting. Credit counselors say there has […]
Recession
With bankruptcies surging, 2020 may become one of the busiest years for Chapter 11 filings since the Great Recession
Twelve midsize to large corporations – all with more than $10 million in debt – filed for Chapter 11 bankruptcy protection during the third week of June, another consequence of the coronavirus pandemic and continued trouble in America’s oil industry. The filings represent the highest weekly total of the year, and experts believe […]