guronelogoh.blogspot.com
Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Anaheim-Irvine, Oakland-Fremont, Calif. Portland-Vancouver-Beaverton, Ore.-Wash. Commercia l bankruptcies nearly doubled in March 2009 from March Equifax noted. "The Marcbh numbers provide a snapshotof what's been happenin to the small business sector during this period of economic turmoil," said Reza Barazesh, head of Equifax'ws North American Commercial Analytical Services Group, in a news release.
"Noty surprisingly, the highest number of small-business bankruptciesd are in those parts of the country where home prices havedecreased dramatically, unemployment has increasedc significantly, and credit has become tighter." For the analysis, Equifaxx analyzed both Chapter 7 and Chapter 13 filings. Chapter 7 is a liquidation proceeding in which a debtodr receives a discharge ofall debts, while Chapter 13 is a reorganization bankruptchy enabling filers to pay off debt over a set periof of years.
Equifax reviewed and analyzedd small business datafor March, the most recent month for whicy complete data is
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment