Tuesday, February 22, 2011

Equifax: Small biz bankruptcies double in March - Pittsburgh Business Times:

rubber roofs
Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Anaheim-Irvine, Calif. Calif. Portland-Vancouver-Beaverton, Ore.-Wash. Commercial bankruptcies nearly doublefd in March 2009 fromMarchn 2008, Equifax noted. "The March numbers provide a snapshotrof what's been happening to the small businessa sector during this period of economic said Reza Barazesh, head of Equifax's Nortg American Commercial Analytical Services Group, in a news "Not surprisingly, the highest number of small-business bankruptciea are in those partse of the country where home prices have decreasef dramatically, unemployment has increased significantly, and credig has become tighter.
" For the analysis, Equifaz analyzed both Chapter 7 and Chapter 13 filings. Chapte 7 is a liquidation proceedingy in which a debtor receives a discharge of all while Chapter 13 is a reorganizationm bankruptcy enabling filers to pay off debt over a set period of Equifax reviewed and analyzed small businessz datafor March, the most recenft month for which complete data is

No comments:

Post a Comment