Bankruptcy News

Medical debt isn’t all that indicative of bankruptcy

Source-site Credit rating agencies have just declared that most medical debt will no longer appear on credit records. Why have they done this? These are capitalist organizations. They do not change policy due to some outbreak of suddenly being caring. Why…

U.S. bankruptcy filings creep up in February, but stay lower than prepandemic

Source-site The total number of new U.S. bankruptcy filings were 26,985 in February, up 3.2% from January, driven by individual filings, according to data from Epiq Bankruptcy Technology. New Chapter 7 individual bankruptcies’ filings were 15,196 in February, up 1.1% over the…