Individual chapter 7 filings during the first quarter of 2024 were 66,861, a 17 percent increase over the 57,158 individual chapter 7 filings during the same period in 2023. Individual chapter 13 filings during the first quarter of 2024 were 45,958, a 9 percent increase over t...
"The first six months of 2023 saw a nearly 70 percent increase of total commercial Chapter 11 bankruptcies," said Gregg Morin, Vice President of Business Development and Revenue at Epiq Bankruptcy. "This trend points to the economic trials businesses are facing right now, which are impacted by ...
percent on 2023, the highest in over a decade. Second, inflationary impacts continue to be the key catalyst impacting financial performance and causing distress, and we can see this with the construction sector representing over 25 percent of all insolvencies. Third, the evolution of how private ...
The Street says Tupperware's net sales were down 16 percent in Q3 of last year. In the same report, the website says Tupperware was looking to permanently shutdown a manufacturing facility in South Carolina in favor of moving operations to Mexico. "The company had been negotiating the terms ...
The Street says Tupperware's net sales were down 16 percent in Q3 of last year. In the same report, the website says Tupperware was looking to permanently shutdown a manufacturing facility in South Carolina in favor of moving operations to Mexico. ...
Fifty percent are not certain that they will not have any kind of debt in retired life, while 44% are not certain they will have the ability to cover all living expenditures in the next year, without taking on additional debt. Some Canadians are thinking about bankruptcy. Their first step ...
In the year 2023, the consumer products company had recorded loss from continuing operations of $28.4 million and an 18 percent drop in net sales to $1.31 billion. Meanwhile, the company now said there are no current changes to Tupperware's independent sales consultant agreements, and that it...
Bankruptcy Code doubled over that decade, compared with an increase of 28 percent in the previous ten years. Net losses to creditors are counted in the tens of billions of dollars, and these losses have grown twice as fast as consumer installment credit since 1980. Research in the area of ...
Posted October 11, 2023 On 10/11/2023 at 7:50 AM, Texas Tillie said: Credit Card incur a fee. The fee would reduce the amount available to be paid out by 2 to 3 percent. Not just that (which is a great point), some of those merchant gateways no longer exist. On top of ...
Its empire peaked in 2008 with 601 restaurants in the U.S. and a $2 billion business, according to Kevin Schimpf, director of industry research at Technomic. Its sales in the U.S. were $728 million in 2023, down 15 percent from the prior year, according to Technomic. ...