Bankruptcy filings have been on the rise in 2024 compared to previous years. Corporate bankruptcies are exceedingly common. 18,926 U.S. businesses filed for bankruptcy in 2023 alone. And while many bankruptcies precede a business’s permanent closure, some companies successfully emerge from the process after restructuring and are able to continue doing business  (such as  Apple, General Motors, and Marvel Entertainment etc) are just a few high-profile examples.. There have been several notable business bankruptcies in 2024 so far:

Retail:

Read More