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  2. Small business bankruptcies on the rise - AOL

    www.aol.com/finance/small-business-bankruptcies...

    Small business bankruptcy statistics . Chapter 11 filings for businesses increased by 29 percent in September 2023 compared to the same month last year. (American Bankruptcy Institute) Overall ...

  3. Chapter 11, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_11,_Title_11...

    Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]

  4. Small businesses could find filing for bankruptcy more ... - AOL

    www.aol.com/news/small-businesses-could-filing...

    A type of bankruptcy protection filing that made it easier for small businesses to seek relief has expired, which will complicate filing for small businesses with more than $3 million in debt. The ...

  5. List of corporate collapses and scandals - Wikipedia

    en.wikipedia.org/wiki/List_of_corporate...

    In early 2000, after an increase in the size of the business, it was determined that the insurance company's solvency was marginal, and a small asset price change could see the insurance company become insolvent. It did. Director Rodney Adler, CEO Ray Williams and others were sentenced to prison for fraudulent activity. Pacific Gas & Electric ...

  6. A Small Business Owner’s Guide to Bankruptcy - AOL

    www.aol.com/news/small-business-owner-guide...

    If your small business is struggling to pay its debts and your creditors are threatening to take your assets, bankruptcy is an option. Although bankruptcy sounds like the end, it actually can be a ...

  7. Closure (business) - Wikipedia

    en.wikipedia.org/wiki/Closure_(business)

    Closure may be the result of a bankruptcy, where the organization lacks sufficient funds to continue operations, as a result of the proprietor of the business dying, as a result of a business being purchased by another organization (or a competitor) and shut down as superfluous, or because it is the non-surviving entity in a corporate merger.

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