: ‘Judgment day is coming’: SVB Financial Group files for Chapter 11. More businesses and consumers are also filing for bankruptcy.

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The company’s Chapter 11 bankruptcy petition Friday is another development in a banking crisis that’s shaken stock markets and applied pointed questions to banks’ financial health.

After bankruptcy cases dropped off during the pandemic, are they making a comeback?

In January, newly-filed consumer and commercial filings increased by 19% over the same period last year to 31,087. In February, they rose 18% to 31,889.

The data was compiled by Epiq Bankruptcy, a bankruptcy analytics division of Epiq, a legal technology services company, and the American Bankruptcy Institute, a professional organization for attorneys, accountants, judges, professors and others in the bankruptcy field.

‘A strong job market is helpful for people. W...

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