What Does the 2021 Bankruptcy Landscape Look Like in the US?

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The US bankruptcy landscape in 2021 is looking much different than it did in 2020. According to recent data, the number of bankruptcies filed in the US decreased by 24.0 percent from 2020 to 2021.Business bankruptcies saw an even larger decrease, with a 33.7 percent drop from 21,655 to 14,347.The retail industry was particularly hard hit by the pandemic, with bankruptcies reaching a peak in 2020 after years of high demand. This major shake-up in the industry has had a lasting impact on the US bankruptcy landscape. For inquiries related to this message, please contact our support team and indicate the reference identifier below.

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Charles Preus

Charles Prius is a financial writing expert and the lead content writer for Bankruptcy-USA.net. With a deep understanding of financial issues, he is dedicated to providing individuals and businesses with the information and resources they need to make informed decisions about bankruptcy. Charles's expertise extends beyond finance, as he is also a pop culture enthusiast and active on social media. His interests also include tea, internet exploration, and music. With a passion for helping others and a comprehensive knowledge of finance and popular culture, Charles is the ideal fit for the Bankruptcy-USA.net team.