| Characteristic | Number of business bankruptcies |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
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Source
Source
Release date
April 2010
More information
Region
United States
Survey time period
2000 to 2008
Supplementary notes
National total includes data for outlying territories and will differ from sum of state totals.
For the calendar year (12-month period ending December). A business bankruptcy is the legal recognition that a company is insolvent (i.e., not able to satisfy creditors or discharge liabilities) and must restructure or completely liquidate under Chapter 7, 9, 11, 12, 13, or 15 of the federal bakruptcy laws.
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