Flood of business bankruptcies likely in coming months

  • By cvbizz
  • April 26, 2020
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Related video above: Economist’s warnings on inequality amid pandemicThe billions of dollars in coronavirus relief targeted at small businesses may not prevent many of them from ending up in bankruptcy court.Business filings under Chapter 11 of the federal bankruptcy law rose sharply in March, and attorneys who work with struggling companies are seeing signs that more owners are contemplating the possibility of bankruptcy. Companies forced

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