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How to Figure Out if Bankruptcy Makes Sense Because of COVID

In the past few months, the United States has experienced unprecedented job losses due to the Covid-19 pandemic. Stay at home or closure orders have shuttered businesses, raised the unemployment rate to higher levels than seen in the 2008-2009 recession and left many wondering how they are going to pay their bills. As Bloomberg reports, …

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Credit Report Infographic Gives Picture of Credit Health

A great inforgraphic from Direct Lending Solutions gives an interesting picture of credit health in America. If you look towards the bottom of the infographic you’ll see there is no clear connection between credit scores and bankruptcy filing rates. Also, above that is a graphic that shows the wave of credit account closures in the …

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