What To Do If Your Client’s Customer Files Bankruptcy?
The number of bankruptcies in the United States, both for businesses and individuals has decreased steadily since the Great Recession of 2008-09. According to the American Bankruptcy Institute, the last business bankruptcy peak was in 2009 when 60,837 business-related bankruptcy cases were filed. By 2018 that number had decreased by nearly two-thirds to 22,232 cases. The COVID- 19 virus will