Hello All:
If this article doesn't move you to open your own Negotiating business I don't know what will. We are their only hope to stay viable - visit :
http://www.NegotiatingForALiving.com
Business bankruptcies keep rising; no relief in sight
WASHINGTON — As the curtain falls on one of the most devastating financial years on record, business bankruptcies — both large and small — continue to soar.
The nearly 58,000 commercial bankruptcies filed nationwide through November of this year exceed the year-end totals of every year since Congress overhauled the bankruptcy laws in 2005, according to Automated Access to Court Electronic Records, an Oklahoma City bankruptcy data company.
The 11-month figure is also 35 percent more than the nearly 43,000 business petitions filed in all of last year, the company's data show. Estimates for 2009 could triple according to industry experts – what a mess !
75 % of businesses in 2008 identify themselves as in financial trouble.
No comments:
Post a Comment