Financial News

The week in bankruptcies: 2 Chapter 7 cases filed in Austin's federal court

Austin-area bankruptcy courts recorded three business filings — all with total debts above $1 million — during the week that ended May 6. Year to date through May 6, the court recorded 19 Chapter 7 or Chapter 11 business bankruptcy filings, a 58% increase from the same span the prior year.
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